The ideal taxation system is a good tax system, that is, it must comply government needs whose spending is increasing over time, which can encourage society to achieve the optimal allocation of resources, which can lead to their achievement equitable distribution of income and wealth and enables the implementation of economic stability. The ideal taxation is taxation that can direct the utilization of economic surplus for achieve optimal and dynamic use of economic resources. Please explain what kind of tax is the best and can be used as source of government revenue or financing in carrying out its tasks to achieve and improve people's welfare!

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter1: Federal Income Taxation—an Overview
Section: Chapter Questions
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The ideal taxation system is a good tax system, that is, it must comply
government needs whose spending is increasing over time, which can encourage
society to achieve the optimal allocation of resources, which can lead to their achievement
equitable distribution of income and wealth and enables the implementation of economic stability.
The ideal taxation is taxation that can direct the utilization of economic surplus for
achieve optimal and dynamic use of economic resources.
Please explain what kind of tax is the best and can be used as
source of government revenue or financing in carrying out its tasks to achieve
and improve people's welfare!

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