Why should Public Employees Retirement System retirees shoulder the burden of funding schools when the people of Oregon
undertax themselves?
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 the wealthy.
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.
"Lebanon is still an
undertaxed economy, with a resource mobilization ratio of 19 percent, against 26 percent in developing countries and 36 percent in advanced countries.
The tax on base eroding payments is divided into an "
undertaxed payments" rule and a "subject to tax" rule.
The billionaire investor said during the interview, "The wealthy are definitely
undertaxed relative to the general population."
"The wealthy are definitely
undertaxed in relation to the general population," Buffett said.