Four Principles of Sound Tax Policy

I am a long-time member of the Tax FoundationThese folks do really useful work analyzing policy proposals and lobbying for better tax structure in the U.S.  I recently got a copy of their 2021 annual report.  Inside the front cover were their four principles of sound tax policy:

  1. Simplicity
  2. Neutrality
  3. Stability
  4. Transparency

The link above leads to a web page with a broader discussion of what these principles mean. The graphic below is a nice summary.  Below that is a pdf version with text that can be copied and pasted.

Tax Foundation Principles Four Principles of Sound Tax Policy

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Tax Foundation Principles Four Principles of Sound Tax Policy

 

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About Tony Lima

Retired after teaching economics at California State Univ., East Bay (Hayward, CA). Ph.D., economics, Stanford. Also taught MBA finance at the California University of Management and Technology. Occasionally take on a consulting project if it's interesting. Other interests include wine and technology.