Taxation Literature Reviews Samples For Students

In addition to the fact that Tiebout's assumptions are unrealistic, as mentioned before, even with these assumptions he did not provide a mathematical proof of the equilibrium in his article. Some scholars tried to formalize the model and suggest that the model does not work as we would expect from a pareto optimal general equilibrium model. Bewley (1981) showed that Tiebout equilibrium does not have a Pareto optimal solution unless we add some other restrictive assumptions to the model. He provided a series of examples which highlights the inefficiency of Tiebout model. Moreover, as the reviewed literature shows, relaxing Tiebout’s assumption does ...

The growing plethora on the debate regarding the act of compensating collegiate student athletes has interest not only sports aficionados, the academe but the society in general. Many people question the practice as somewhat inappropriate and a precursor to encouraging the youth to lose focus on their academics and their primary purpose for education. Many believe that students are being lured to participate in sports because of the financial reward that they can get from becoming a student athlete. Thus, students’ priorities are divided because of this practice. In addition, many assumes that when a student deemed that the rewards of athletic ...

The piece by Goolsbee is ahead of its time. It talks about economics and how the wealthy are taxed. The effects of this are outlined and discussed in the paper. It speaks of the more responsive taxation when the top 10% of the most wealthy in the country pay taxes, and what happens to these contributions. With the recent economic crisis, this paper is very relevant and can be put into practice. The GDP and business cycles of the United States are discussed below in relation to the theory presented by Goolsbee. The distribution, effects and higher tax rates ...