Tax Fairness in a Liberal Democratic Society
read the paper and answer the following question one by one:
1: demonstrate the thesis of the article and the argument in general, its main idea, show that you understand the paper(40% of grade)
2:describe the way the article proves its point(30% of the grade) which include 10% in an overview of how the proof occurs in general, 10% in in-depth discussion of the actual mechanisms with data/logic/description, 10% in the important table/graph/results
3:(require outside research) place the article in historical perspective. show knowledge of the era and events around the article(10% of grade)
4:your opinion of the paper(5% of the grade)
5:one sentence of: (require outside research) list any widely-cited articles as well as comments on this article (any comments/notes? any articles citing this with more than 1000 citations?)(5% of the grade)
remember that the percentage of grade breakdown is very important. where the percentage is high, plz do more work and carefully analysis it without just saying the sample facts, this is a important paper and thank you for helping me out.
Econ Analysis
Student's Name
Institutional Affiliation
Course Code: Course Name
Instructor's Name
Date
Econ Analysis
Q1. Thesis of the article, argument, and its central idea
In a democratic society, tax decision-makers play a significant role in achieving tax fairness. Their most prominent role revolves around their willingness to adopt and consistently apply appropriate unbiased and quasi-constitutional perspectives, which helps achieve tax fairness and equity. The policies establish ways in which the cost of public services will be shared which have a critical impact on income and wealth distribution in a given government. By making wise decisions, paying tax can be categorized in proportions and possible gains in terms of efficiency, equity, and simplicity derived from implementing fair tax reforms. In this way, modern democratic governments can guarantee their citizens that it will deliver significant net gains consistently (Head, 1992).
However, achieving fairness in tax payment in a liberal democracy continues to be compelling. In general, through the device of a veil of ignorance, the Rawlsian framework talks about participants who are involved in the constitutional decision-making process and is supposed to rely on comprehensive information concerning nature and the way society operates. The main idea of this article is to guide the society in achieving fairness as it makes decisions in achieving fairness and equity in paying taxes by its citizens, for example, the benefit principle and the principle of ability to pay.
Q2. Describe the way the article proves its point
This article is all about tax fairness. It proves its point by discussing the principles that help society come up with fair modes of paying taxes. The article highlights what decision-makers need to put into consideration as they come up with policies guiding their citizens, including equity and fairness.
Harsanyi's framework uses the device of a veil of ignorance whereby participants in the decision-making process should rely on general information concerning nature and how society operates. According to this principle, the decision-makers should abstract from any information bearing their own personal or group. Information on the taxpayers, such as religion, race, gender, income, and values are crucial for decision-makers when imposing some tax on citizens.
Rawlsian analyses justice as fairness, efficiency concerns are given high priority. It implies serious concerns on fairness as a solid concern as far as matters of economic efficiency are concerned. More specifically, in this framework, income inequality is accepted if it encourages the well-being of society members who are least well off. However, for it to be effective, some types of inequality need to be ruled out, and income inequality will be accepted if it is mutually beneficial.
The benefit approach views taxes in terms of a market similarity as the price of public services. A justice idea is implied in which taxes should are linked to individual benefits received. Its modern formulation in modern society highlights the efficiency parts of budgetary policy. The dominant paradigm used in this approach is the Lindahl solution in which administrations provide public goods funded by taxes.
The introduction of a constitution has helped in the application of taxation fairness principles and models in modern society to promote equity and equality among taxpayers. Modern society is embracing the taxation fairness principles through its government. For example, the ...