Why Is Our Country In Debt Responses from readers of the government, election 2012, and voting articles I have written has been very interesting. One of the responses from what appears to be a young person is the title of this article.Keywords:
JD Durham, us debt, elections, politicians, politics, obama, law, government, pac, taxes, corruption, government employees, education, government waste COSTS OF TAXATION A tax is not a voluntary payment or a good-will donation and the motivation for paying it is actually close to zero. Economic agents are supposed to act rationally, that is for their best economic outcome, which is possible only under perfectly free market conditions. Coercive actions towards market agents, in the form of taxes levied or deducted, cancel the conditions of rationality for individual agents at various levels of economic activity. Taxation is supposed to distort economic incentives in a way beneficial for society and state and, therefore, for their citizens. By introducing the taKeywords:
Moya Leffe, taxation, costs, indirect, direct, costs of taxation, deadweight costs, equality, economic efficiency
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