请输入您要查询的字词:

 

单词 deadweight burden of taxes
释义
deadweight burden of taxes

Economics
  • The excess of the total harm done by a tax over the amount of revenue raised. An indirect tax raises the price of the taxed good to the consumer. The quantity sold falls, as consumers only buy units of the good for which the benefit exceeds the tax-inclusive price. There are thus some units where the benefit to the consumer would be higher than the cost of production, but lower than the tax-inclusive price. The consumer surplus which could have been made on these units is lost. The deadweight burden is the amount by which the loss of consumer surplus exceeds tax revenue. Similarly, direct taxes are liable to reduce effort, since workers will only exert effort whose cost to them is less than net-of-tax pay. They will not work where the cost to them is less than the pre-tax wage but more than the post-tax wage. The deadweight burden is the amount by which the consequent loss of producer surplus exceeds tax revenue. Most taxes produce some deadweight burden: a well-designed tax system seeks to minimize the deadweight burden involved in raising any given total tax revenue.


随便看

 

科学参考收录了60776条科技类词条,基本涵盖了常见科技类参考文献及英语词汇的翻译,是科学学习和研究的有利工具。

 

Copyright © 2000-2023 Sciref.net All Rights Reserved
京ICP备2021023879号 更新时间:2024/12/26 0:30:25