Home  Journals  Financial Analytics: Science and Experience  31(313) - 2016 August

Tax equity and human well-being in terms of different types of tax system

Vol. 9, Iss. 31, AUGUST 2016

Article PDF Version

Received: 15 July 2016

Received in revised form: 1 August 2016

Accepted: 8 August 2016

Available online: 30 August 2016

Subject Heading: Tax regulation

JEL Classification: E20, E60, E62, E66

Pages: 29-41

Importance The paper studies and discusses the issues relating to equity of taxation.
Objectives The paper aims to analyze the tax equity issues and tax policies of various countries in this area, considering the main types of existing tax systems.
Methods For the study, we used the general-logical methods of analysis.
Results We defined the types of tax systems depending on the justice strength. As well, we found tax systems, which can be regarded as more fair ones, and we present the examples of countries, close to Russia's GDP per capita, with the most and the least fair tax systems.
Conclusions In the Russian Federation, the tax burden on people with low and average income are substantially higher than the one in countries with a progressive individual income tax scale. This indicates the regressive type of domestic tax system.

Keywords: fairness, tax system, disposable income, regressive taxation, welfare

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