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The role of taxation in development is controversial. Taxation provides income for the government which may use it to invest in public services or to distribute it as money transfers. At the same time all taxes except for lump sum are distortionary meaning that the taxes changes the behavior of people. It is commonly claimed that tax and especially income tax inhibits productive behavior and thereby growth and poverty reduction. This claim is based on the theoretical assumption that the supply of labor is a positive function of the real wage after tax. The empirical evidence on this claim is ambiguous.
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What is the role of taxation in the economic development of Nigeria?
The role of taxation in economic development is same for all the countries. This is as we know the basic resource of generation Govt. Revenue. If the Revenue of govt will increase she will automatically spend it on the development of a country. Same is the case with Nigeria also.
What are the roles of taxation system in business?
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The impact of taxation on the economic development of nigeria?
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What has the author J F Patil written?
J. F. Patil has written: 'Taxation for development in Maharashtra' -- subject(s): Economic policy, Finance, Rural development, Taxation
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Gerald Turley has written: 'Transition, Taxation And the State (Transition and Development) (Transition and Development) (Transition and Development)'
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What has the author Mary Rawson written?
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