Tax systems for sustainable economic development

Fuente: arXiv
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Main Author: Gonchar, N. S.
Format: Preprint
Published: 2024
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author Gonchar, N. S.
author_facet Gonchar, N. S.
contents A complete description of taxation systems that ensure sustainable economic development is given. These tax systems depend on production technologies and gross output volumes. Explicit formulas for such dependencies are found. In a sustainable economy, the value added either exceeds or is strictly less than the value of the product produced. The latter is determined by the tax system. The concept of perfect taxation systems is introduced and their explicit form is found. For perfect taxation systems, it is proved that the vector of gross output should belong to the interior of the cone formed by the vectors of the columns of the total cost matrix. It is shown that under perfect taxation systems the vector of gross output must satisfy a certain system of linear homogeneous equations. It is shown, that under certain conditions there are tax systems under which certain industries require subsidies for their existence. Under such taxation systems, the industries that require subsidies are identified. The family of all non negative solutions of the system of linear equations and inequalities is constructed, which allowed us to formulate a criterion for describing all equilibrium states in which partial clearing of markets occurs.
format Preprint
id arxiv_https___arxiv_org_abs_2410_00505
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Tax systems for sustainable economic development
Gonchar, N. S.
Mathematical Finance
A complete description of taxation systems that ensure sustainable economic development is given. These tax systems depend on production technologies and gross output volumes. Explicit formulas for such dependencies are found. In a sustainable economy, the value added either exceeds or is strictly less than the value of the product produced. The latter is determined by the tax system. The concept of perfect taxation systems is introduced and their explicit form is found. For perfect taxation systems, it is proved that the vector of gross output should belong to the interior of the cone formed by the vectors of the columns of the total cost matrix. It is shown that under perfect taxation systems the vector of gross output must satisfy a certain system of linear homogeneous equations. It is shown, that under certain conditions there are tax systems under which certain industries require subsidies for their existence. Under such taxation systems, the industries that require subsidies are identified. The family of all non negative solutions of the system of linear equations and inequalities is constructed, which allowed us to formulate a criterion for describing all equilibrium states in which partial clearing of markets occurs.
title Tax systems for sustainable economic development
topic Mathematical Finance
url https://arxiv.org/abs/2410.00505