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Formation of Tax Policy in the Aspect of the Optimal Tax Burden

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  • Abuselidze, George

Abstract

Improvement of tax system is the main condition of normal functioning and economic development of state. Tax system and, correspondingly tax policy is very important problem for a state of developed, developing or transition economy. In spite of level of development there are no countries without debates regarding tax system, its mechanism and management, tax policy and rates. This article covers just these matters, namely what tax burden should determine tax policy, what tax rates should determine certain tax in condition of such taxation. We present and analyze here statistic, pessimistic and optimistic concepts, as well as those of Laffer-Keynes and Abuselidze and their effects on business activity and output. The results of such effect clearly prove optimality of tax system, its mechanism and management, tax policy and rates.

Suggested Citation

  • Abuselidze, George, 2015. "Formation of Tax Policy in the Aspect of the Optimal Tax Burden," MPRA Paper 86277, University Library of Munich, Germany, revised 02 Jun 2015.
    • Handle: RePEc:pra:mprapa:86277
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    References listed on IDEAS

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    8. Abuselidze, George, 2011. "The prospects of budget revenue in the aspect of optimal tax burden," MPRA Paper 85634, University Library of Munich, Germany.
    9. Abuselidze, George, 2012. "The Influence of Optimal Tax Burden on Economic Activity and Production Capacity," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 6(4(16)), pages 493-503.
    10. Renstrom, T., 1999. "Optimal Dynamic Taxation," Discussion Papers 99-21, Department of Economics, University of Birmingham.
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    Citations

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    Cited by:

    1. George Abuselidze, 2018. "Optimal Fiscal Policy � Factors for the Formation of the Optimal Economic and Social Models," GATR Journals jber153, Global Academy of Training and Research (GATR) Enterprise.
    2. Abuselidze, George, 2019. "Анализ На Формирането И Прилагането На Бюджетни Политики, Осигуряващи Социално-Икономическото Развитие На Административнотериториалните Единици [Analysis of the formation and use of budgetary polic," MPRA Paper 99889, University Library of Munich, Germany.
    3. Abuselidze, George, 2018. "Fiscal Policy Directions Of Small Enterprises and Anti-Crisis Measures on Modern Stage: During the Transformation of Georgia to the EU," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 12(1), pages 1-11.
    4. Kekelidze, Lia, 2021. "Инвестиционната Среда И Проблемите На Придобиването На Собственост Върху Недвижими Имоти В Грузия От Инвеститори [The investment environment and the problems of origination of Investors’ ownership ," MPRA Paper 109051, University Library of Munich, Germany.
    5. Abuselidze, George, 2020. "Optimality of tax policy on the basis of comparative analysis of income taxation," MPRA Paper 104591, University Library of Munich, Germany.
    6. George Abuselidze, 2019. "Analysis Of The Formation And Use Of Budgetary Policies Ensuring The Socio-Economic Development Of Territorial Units," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 2 Year 20, pages 3-15.

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    More about this item

    Keywords

    Finance; State Budget; Tax Policy; Tax Burden; Optimal Taxation; Production Capacity;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H83 - Public Economics - - Miscellaneous Issues - - - Public Administration

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