Issues Of The Effectiveness Of State Tax Policy: A Theoretical Approach
Abstract
This study addresses the pressing need to formulate a methodology for evaluating the effectiveness of state tax policy, both holistically and in specific areas. The primary focus is on the tax burden and its optimal value, making it a central element influencing the parameters and effectiveness of state tax policy. The overarching goal is to develop theoretical insights into the tax burden and its role in shaping the state's fiscal and regulatory potential. The study concludes that an effective tax policy should not solely aim at increasing financial withdrawals from the economy by pushing the tax burden to its upper limits. Instead, it advocates for an optimal balance between fiscal and regulatory potential within the framework of effective tax policy. This research lays the groundwork for understanding the theoretical underpinnings of tax policy evaluation. The insights gained can guide policymakers in crafting and implementing tax policies that strike the right balance between fiscal objectives and regulatory efficiency. This study serves as a theoretical foundation for subsequent research endeavors in the evaluation of tax policies, offering valuable insights for policymakers and researchers alike.
Copyright information
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
About this article
Publication Date
30 September 2024
Article Doi
eBook ISBN
978-1-80296-966-5
Publisher
European Publisher
Volume
4
Print ISBN (optional)
-
Edition Number
1st Edition
Pages
1-1008
Subjects
sustainable development, ecology, economy, technologies, green technologies
Cite this article as:
Batashev, R. V., & Kazimagomedova, Z. A. (2024). Issues Of The Effectiveness Of State Tax Policy: A Theoretical Approach. In K. A. Said-Akhmadovich, & A. S. Salamova (Eds.), Modern Trends in Governance and Sustainable Development of Socio-economic Systems: From Regional Development to Global Economic Growth, vol 4. European Proceedings of Multidisciplinary Sciences (pp. 944-952). European Publisher. https://doi.org/10.15405/epms.2024.09.108