Public Finance

Problems of Defining an Optimal Fiscal System

Table of Contents

TOC \h \z \t "Taxation 1 ,1 ,Taxation 2 ,2 " HYPERLINK \l "_Toc7 " Introduction PAGEREF _Toc7 \h 1

HYPERLINK \l "_Toc8 " The Purpose of Taxation PAGEREF _Toc8 \h 1

HYPERLINK \l "_Toc9 " Overall Fiscal Environment PAGEREF _Toc9 \h 3

HYPERLINK \l "_Toc0 " Criteria Used For Remodeling PAGEREF _Toc0 \h 3

HYPERLINK \l "_Toc1 " Immediate Requirement to Drastically Reduce Public Debt PAGEREF _Toc1 \h 3

HYPERLINK \l "_Toc2 " Use of Sustainability Economics and Cleantech to Alleviate Government Spending Cuts

, Provide New Sources of State Revenue Transition Economy to Carbon Free , Cleantech Paradigm PAGEREF _Toc2 \h 3

HYPERLINK \l "_Toc3 " Government Revenue Generation From Employment Corporate Taxation Under Normal Model PAGEREF _Toc3 \h 4

HYPERLINK \l "_Toc4 " Reduced Tax Base Due to Recession Induced Long Term Unemployment PAGEREF _Toc4 \h 4

HYPERLINK \l "_Toc5 " Projected Income Streams For Government Their Sources Based on Traditional Economic Forecasting PAGEREF _Toc5 \h 5

HYPERLINK \l "_Toc6 " Increased Income Streams From Private And /Or Public /Private Infrastructure Companies PAGEREF _Toc6 \h 5

HYPERLINK \l "_Toc7 " Re-Examination and Calibration of Taxation System to Progressive System PAGEREF _Toc7 \h 5

HYPERLINK \l "_Toc8 " Deadweight Costs PAGEREF _Toc8 \h 8

HYPERLINK \l "_Toc9 " The Necessity to Replace Old Dumb Infrastructure Invest in Cleantech , Smart Grids Infrastructure PAGEREF _Toc9 \h 8

HYPERLINK \l "_Toc0 " Carbon Auction Revenue PAGEREF _Toc0 \h 8

HYPERLINK \l "_Toc1 " Rethinking Council Housing PAGEREF _Toc1 \h 9

HYPERLINK \l "_Toc2 " Increased Integration of People with Disabilities...