Public Finance in Democratic Process

Fiscal Institutions and Individual Choice

Business & Finance, Economics
Cover of the book Public Finance in Democratic Process by James M. Buchanan, The University of North Carolina Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: James M. Buchanan ISBN: 9781469619149
Publisher: The University of North Carolina Press Publication: March 30, 2014
Imprint: The University of North Carolina Press Language: English
Author: James M. Buchanan
ISBN: 9781469619149
Publisher: The University of North Carolina Press
Publication: March 30, 2014
Imprint: The University of North Carolina Press
Language: English

Studies of public finance, as traditionally developed, have analyzed the effects of fiscal institutions on the market-choice behavior of individuals and firms, but this book takes a different approach. It analyzes the effects of fiscal institutions on the political-choice behavior of individuals as they participate variously in the decision-making processes of democracies.

What effect will the form of a new tax have on individuals' attitudes toward more or less public spending? To what extent does the private sector--public sector mix depend on the way in which tax payments are made? How do the various taxes affect the fiscal consciousness of individual citizens? These are questions that have been ignored for the most part. They are, nonetheless, important and worthy of examination. This book is an attempt to provide some provisional answers. By the use of simplified models of existing tax institutions, Buchanan predicts the effects that these exert on individual behavior in the area of political choice. The relative effects of direct and indirect taxes, the "old tax--new tax" distinction, the effects of fiscal earmarking, the effects of unbalanced budgets -- these are a few of the topics examined.

Before these questions can be fully answered, research must be conducted to find out just how much individuals know about the taxes they pay and the benefits they receive. Comparatively little research of this kind has been completed, but the author devotes a chapter to a careful review of the present state of this sort of research.

Individuals' choice among alternative fiscal institutions is examined in the second part of the book. If given the opportunity, how would the individual choose to pay his or her taxes? Progressive income taxes, excise taxes, and public debt are analyzed in terms of this question.

Because of its interdisciplinary approach, this imaginative study will be of interest to both economists and political scientists.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Studies of public finance, as traditionally developed, have analyzed the effects of fiscal institutions on the market-choice behavior of individuals and firms, but this book takes a different approach. It analyzes the effects of fiscal institutions on the political-choice behavior of individuals as they participate variously in the decision-making processes of democracies.

What effect will the form of a new tax have on individuals' attitudes toward more or less public spending? To what extent does the private sector--public sector mix depend on the way in which tax payments are made? How do the various taxes affect the fiscal consciousness of individual citizens? These are questions that have been ignored for the most part. They are, nonetheless, important and worthy of examination. This book is an attempt to provide some provisional answers. By the use of simplified models of existing tax institutions, Buchanan predicts the effects that these exert on individual behavior in the area of political choice. The relative effects of direct and indirect taxes, the "old tax--new tax" distinction, the effects of fiscal earmarking, the effects of unbalanced budgets -- these are a few of the topics examined.

Before these questions can be fully answered, research must be conducted to find out just how much individuals know about the taxes they pay and the benefits they receive. Comparatively little research of this kind has been completed, but the author devotes a chapter to a careful review of the present state of this sort of research.

Individuals' choice among alternative fiscal institutions is examined in the second part of the book. If given the opportunity, how would the individual choose to pay his or her taxes? Progressive income taxes, excise taxes, and public debt are analyzed in terms of this question.

Because of its interdisciplinary approach, this imaginative study will be of interest to both economists and political scientists.

More books from The University of North Carolina Press

Cover of the book In This Timeless Time, Enhanced Ebook by James M. Buchanan
Cover of the book To Right These Wrongs by James M. Buchanan
Cover of the book Give My Poor Heart Ease, Enhanced Ebook by James M. Buchanan
Cover of the book Southern Snow by James M. Buchanan
Cover of the book A License to Steal by James M. Buchanan
Cover of the book Remaking Reality by James M. Buchanan
Cover of the book A Good Southerner by James M. Buchanan
Cover of the book Environmental Inequalities by James M. Buchanan
Cover of the book Whitman's Poetry of the Body by James M. Buchanan
Cover of the book Roman Imperial Policy from Julian to Theodosius by James M. Buchanan
Cover of the book Cuban Émigrés and Independence in the Nineteenth-Century Gulf World by James M. Buchanan
Cover of the book Bacon by James M. Buchanan
Cover of the book Race, Color, and the Young Child by James M. Buchanan
Cover of the book Cooking the Gullah Way, Morning, Noon, and Night by James M. Buchanan
Cover of the book Seneca's Drama by James M. Buchanan
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy