The Economics of Taxation

How will taxes influence firms’ and people’s actions and how will it affect the economy as a whole?

Taxation has always been a major part of American politics and continues to be a focus for debate and discussion.  Policymakers aim to create a tax system that meets the government’s needs and goals yet does not hinder the individual or corporation to a significant extent.  To better understand the economics of taxation and our current tax system, the Mercatus Center at George Mason University is pleased to present a two-day course on the American Tax System.

As April 15th approaches and families and corporations start filing tax returns, the affect of taxes becomes more apparent.  How will taxes influence firms’ and people’s actions and how will it affect the economy as a whole?  To better understand the economics of taxation, Dr. Garett Jones of George Mason University will provide a fundamental overview and explore how shifts in tax policy affect individual behavior and the economy as a whole.

Join us as we examine such questions as:

  • What factors do economists consider when studying tax policy?
  • How do taxes affect the incentives of individuals and firms?
  • What are the economic and social trade-offs of different types of taxes and taxation systems?
  • What does the demographic breakdown of our American tax burden look like?
  • How will tax cuts change where our federal revenue comes from?