PERSONAL INCOME TAX AND ITS SIGNIFICANCE TODAY
Keywords:
Key words: personal income tax, PIT, financial stability, social justice, economic activity, attracting talent, budget, government revenues.Abstract
Abstract: This article examines the importance of personal income tax (PIT) in the modern economic environment. Personal income tax is one of the main sources of state budget revenue and plays a key role in ensuring the financial stability of the state, social justice and stimulating economic activity. The article also discusses the importance of personal income tax for attracting and retaining talent, ensuring budget balance and ensuring the reliability of the state's financial obligations.
References
Atkinson, A. B., & Stiglitz, J. E. (1980). Lectures on Public Economics. McGraw-Hill Book Company.
Bird, R. M., & Zolt, E. M. (Eds.). (2018). Global Tax Revolution: The Rise of Tax Competition and the Battle to Defend It. IBFD.
Gammie, M. (Ed.). (2019). Taxation and the Financial Crisis. Routledge.
Slemrod, J. (Ed.). (2000). Does Atlas Shrug? The Economic Consequences of Taxing the Rich. Harvard University Press.
Graetz, M. J. (2016). The End of Energy: The Unmaking of America's Environment, Security, and Independence. MIT Press.
Piketty, T. (2014). Capital in the Twenty-First Century. Harvard University Press.
Auerbach, A. J., & Hines, J. R. (2002). Taxation and Economic Efficiency. University of Chicago Press.
Saez, E. (2010). Do Taxpayers Bunch at Kink Points? American Economic Journal: Economic Policy, 2(3), 180-212.
Feldstein, M., & Slemrod, J. (Eds.). (2007). The Economics of Tax Policy. University of Chicago Press.
Barr, N. (2017). The Economics of the Welfare State. Oxford University Press.
