tailieunhanh - Lecture Public economics (5th edition) - Chapter 13: Taxation of wealth

Lecture Public economics (5th edition) - Chapter 13 define the wealth tax base, explain the merits and shortcomings of taxing personal net wealth, define the property tax base, describe property tax rating and assessment, explain the effect of property tax on equity using the benefit principle,. and a number of other contents. | OXJORD UNIVERSITY PRESS SOUTHERN AFRICA Public Economics Chapter 13 Taxation of wealth Oxford University Press Southern Africa Pty Ltd 2011 OXFORD UNIVERSITY PRESS Learning outcomes Define the wealth tax base Explain the merits and shortcomings of taxing personal net wealth Define the property tax base Describe property tax rating and assessment Explain the effect of property tax on equity using the benefit principle Analyse property tax incidence using partial and general equilibrium analysis Discuss the efficiency effects of a property tax Define a capital transfer tax Discuss the economic effects of capital transfer taxes. Oxford University Press Southern Africa Pty Ltd 2011 SOUTHERN AFRICA OXFORD UNIVERSITY PRESS Wealth Wealth is the value of accumulated savings investment gifts and inheritances. Or Personal wealth is the present value of a person s expected real income. Tangible goods - Houses - Durable goods - Land - Financial assets Cash shares bonds Examples Insurance policies Pension rights Intangible goods - Investment in education. SOUTHERN AFRICA Oxford University Press Southern Africa Pty Ltd .

• Kinh tế học
• Public economics
• Lecture Public economics
• Taxation of wealth
• Personal wealth
• Wealth tax base
• Taxing personal net wealth
• Public expenditure
• Public growth
• Public goods
• Government expenditure patterns
• Public sector in the economy
• The goverment in the market
• Public sector resource
• General government consumption
• Negative externalities
• Transaction costs
• Cap and trade programmes
• Public choice theory
• Unanimity voting rule
• Rawlsian experiment
• Majority voting
• Tax equity
• Public services
• Inflation taxation
• Public debt
• Debt management
• Debt servicing
• Financial credibility
• Public finance
• Lecture Public finance
• Public sector economics
• Federal government
• Legal framework
• Local governments
• The corporation tax
• Federal system
• Fiscal federalism
• Education Increase Earnings
• Public education
• Public education improves quality
• Benchmark model of the economy
• Benchmark model assumptions
• Allocative efficiency
• Economic growth
• Imperfect competition
• Monopoly competition
• Natural monopoly
• Competition policy
• Social welfare
• Social equity
• Welfare improvement
• Nozick’s entitlement theory
• Fisnical policy
• Social policy
• Poverty and inequality
• South Africa
• Cost benefit analysis
• Private benefits
• Private costs
• Monetary profits
• Tax efficiency
• Administrative efficiency
• Tax flexibility
• Excess burden
• Income taxation
• Comprehensive income tax
• Personal income tax
• Company tax
• Taxes on goods
• Taxes on services
• Tax reform
• Indirect taxes
• Fiscal policy
• Passive fiscal policy
• Fiscal activism
• Tiebout model
• Fiscal decentralisation
• Fiscal centralisation
• Economics today
• The nature of economics
• Public spending
• Public choice
• Funding the public sector
• Consumer choice
• Principles of economics
• Lecture Principles of economics
• Tax policy
• Government decisions
• Housing economics and public policy
• Housing economics
• Public policy
• Macro economy
• Housing markets