Archivio per 1 luglio 2013

01
Lug
13

ImpactofTaxesonEconomicbehavior.pdf

See on Scoop.itBounded Rationality and Beyond
Though economists differ on many issues, there are a few basic concepts onwhich virtually all agree. One of themost important is the concept that peo-ple respond to incentives—people make decisions by comparing the costs andbenefits of a particular action. When either the costs or benefits change, people’sbehavior also changes.Taxes distort the behavior of individuals because the decisions they make based on prices and taxes change the relative prices of goods, services, and inputs. They make some things more expensive and others relatively less expensive.  This article, based on a chapter inthe soon to be released Fraser Institute book on tax reform, reviews some of theresearch on the impact of taxes—particularly, marginal taxes—on our decisions to work more, save, invest, and engage in entrepreneurial activity.
See on pirate.shu.edu

01
Lug
13

ImpactofTaxesonEconomicbehavior.pdf

See on Scoop.itBounded Rationality and Beyond
Though economists differ on many issues, there are a few basic concepts onwhich virtually all agree. One of themost important is the concept that peo-ple respond to incentives—people make decisions by comparing the costs andbenefits of a particular action. When either the costs or benefits change, people’sbehavior also changes.Taxes distort the behavior of individuals because the decisions they make based on prices and taxes change the relative prices of goods, services, and inputs. They make some things more expensive and others relatively less expensive.  This article, based on a chapter inthe soon to be released Fraser Institute book on tax reform, reviews some of theresearch on the impact of taxes—particularly, marginal taxes—on our decisions to work more, save, invest, and engage in entrepreneurial activity.
See on pirate.shu.edu




Time is real? I think not

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