%0 Book
%T Taxing Business
%A Bird, Richard M.
%S PREM Notes 138
%D 2012
%I World Bank
%C Washington, DC
%G English
%F 797570535
%X Economists are sometimes accused of agreeing on almost nothing. An important policy question on which many economists appear to agree, however, is that there is not much to be said in favor of taxing business and especially not internationally mobile corporations. The reason for such unanimity is primarily the substantial economic costs associated with business taxes, although the uncertainty as to whom really 'pays' such taxes in terms of their final incidence may also contribute to the disdain in which they are generally held by economists. But the world largely ignores conventional economic wisdom: people everywhere seems delighted to load as much of their tax burden as possible on "business" and particularly on large impersonal corporations.
%K ADDED TAX
%K BARRIER
%K BUSINESS TAXES
%K CAPITAL FLOWS
%K CAPITAL GAINS
%K CAPITAL TAXES
%K CORPORATE INCOME TAX
%K CORPORATE TAX
%K CORPORATE TAXATION
%K CORPORATE TAXES
%K CORPORATION TAX
%K CORPORATION TAXES
%K CREDIT SYSTEMS
%K DEBT
%K DEBT-EQUITY
%K DEVELOPING COUNTRIES
%K DIRECT FOREIGN INVESTMENT
%K DIVIDEND
%K DIVIDEND POLICY
%K DIVIDENDS
%K DOMESTIC MARKETS
%K EFFECTIVE TAX RATES
%K EXCISE TAXES
%K EXPENDITURE
%K EXPENDITURES
%K EXPORTS
%K FINANCIAL STRUCTURE
%K FISCAL AUTHORITIES
%K FISCAL FEDERALISM
%K FOREIGN FIRMS
%K FOREIGN INVESTMENT
%K FOREIGN TAX CREDIT
%K HOST COUNTRY
%K INSTRUMENT
%K INTERNATIONAL CAPITAL
%K INTERNATIONAL CAPITAL FLOWS
%K INVESTMENT DECISIONS
%K LEVIES
%K LEVY
%K LOCAL BUSINESS
%K MARGINAL COST
%K MARKET EFFICIENCY
%K MONOPOLY
%K NET BENEFITS
%K PARTICULAR COUNTRY
%K PAYOUT RATIO
%K PERSONAL INCOME
%K PERSONAL INCOME TAXES
%K POLITICAL ECONOMY
%K PORTFOLIO
%K PORTFOLIO INVESTMENT
%K PRIVATE SAVINGS
%K PUBLIC EXPENDITURE
%K PUBLIC POLICY
%K RENTS
%K RETURN
%K SMALL BUSINESS
%K SMALL BUSINESSES
%K SOCIAL COSTS
%K STRUCTURAL REFORMS
%K SUBNATIONAL
%K TAX
%K TAX BASE
%K TAX BURDEN
%K TAX COORDINATION
%K TAX CREDIT
%K TAX POLICIES
%K TAX POLICY
%K TAX REGIME
%K TAX REVENUE
%K TAX SYSTEM
%K TAXABLE INCOME
%K TAXATION
%K TAXATION OF BUSINESS
%K TAXPAYER
%K WITHHOLDING TAX
%9 Text
%U http://hdl.handle.net/10986/11117