Taxes In State Regulation System

The state molds an economic policy, setting the tone for development and determining strategic tactical measures to achieve a goal pursued. Thus, tax policy its practical implementation – system have clear desire solve certain problems. Another impact they on growth is related social dimension of taxes as source financing public goods. Since market cannot provide supply goods, or can but at higher costs than state, empowering it these benefits viewed factor that contributes more efficient use limited resources. Nevertheless, by directing revenues produce likely augment distortions caused taxation, those resulting from unwarranted interference in production distribution private goods excessive participation mixed (quasi-public) deformations irrational uses may result budget deficit, next fiscal year, level taxation will exceed critical limit (marginal rate), with inevitable negative implications economy. As long does not spill over marginal norm, difficult make connection upturn. This one reasons why numerous empirical studies yet provided enough evidence this connection. any limit, are used effectively efficiently, facilitate