The aim of the course is to analyze advanced topics in the field of tax theories. The graduate of the course should be able to advanced analysis of tax implications, principles of taxation and tax balance, consumption and savings dilemma, effects of income taxes on the choice between work and leisure, balance between taxes on goods and income taxes, use of Lorenz curves in tax economics, etc. . An essential part is the mathematical and graphical analysis of selected problems. They should also be able to apply this knowledge to realities in individual economies.
Subject syllabus:
1. Propaedeutic of tax incidence.
2. Principles of taxation – more advanced theories.
3. Partial equilibrium analysis of taxes.
4. General and selective consumption taxes in the existence of more than two goods. Incidence of taxes on goods and services. Taxation and the dilemma between consumption and savings.
5. Income taxes. The effects of income taxes on the choice between work and leisure. Indexation of income taxes.
6. Optimal balance between taxes on goods and income taxes. Taxation of wealth.
7. Modelling of economic impacts of tax policy. Taxes in one sector of the economy.
8. Measuring of income distribution. Theory of the second-best solution. Kakwani's contribution to the use of the Lorenz curve. Global tax progressivity.
9. Harberger's model of excessive tax burden. Hicks' excessive tax burden and compensated demand. Ramsey taxes, Piguan taxes.
10. Mathematical and graphical analysis of the general equilibrium model.
11. Practical analyses of tax incidence and international comparison.
Subject syllabus:
1. Propaedeutic of tax incidence.
2. Principles of taxation – more advanced theories.
3. Partial equilibrium analysis of taxes.
4. General and selective consumption taxes in the existence of more than two goods. Incidence of taxes on goods and services. Taxation and the dilemma between consumption and savings.
5. Income taxes. The effects of income taxes on the choice between work and leisure. Indexation of income taxes.
6. Optimal balance between taxes on goods and income taxes. Taxation of wealth.
7. Modelling of economic impacts of tax policy. Taxes in one sector of the economy.
8. Measuring of income distribution. Theory of the second-best solution. Kakwani's contribution to the use of the Lorenz curve. Global tax progressivity.
9. Harberger's model of excessive tax burden. Hicks' excessive tax burden and compensated demand. Ramsey taxes, Piguan taxes.
10. Mathematical and graphical analysis of the general equilibrium model.
11. Practical analyses of tax incidence and international comparison.