Why should Public Employees Retirement System retirees shoulder the burden of funding schools when the people of Oregon undertax
And Pigouvian taxes based on such rough aggregations would tend to overtax some parties and undertax
others, thus diminishing the accuracy of the incentives to reduce harm and engage in efficient activity levels.
Now, here's where I'm going to get controversial: We overtax the poor and undertax
On the other hand, the ability to conduct independent fiscal policy within the common currency could bring with it an incentive for a nation's government to overspend or undertax
and run out-sized deficits.
It is possible for government to undertax
, ex ante and overspend, ex post, to transfer claims on current goods, again either of domestic or of foreign origin, in a way that results in a current account deficit not equivalently attribute to real investment spending.
Moreover, when we look more deeply into the effects of tax codes on economies, we begin to see that the overtaxation of constructive activities like work and investment is just one face of a more fundamental problem: there is also a chronic tendency to undertax
destructive activities, such as pollution and resource depletion - activities that threaten long-term economic security.
section 2043 carries the potential to overtax or undertax
the estate in
We can invert the results to see that current law appears to undertax
the writers of call options, as it does not impute interest income during the life of the call option.