Types Of Taxes And The Jurisdictions That Use Them

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Chapter 1 - Types of Taxes and the Jurisdictions That Use Them
Suggested Solutions
Chapter 1
Questions and Problems for Discussion
1.

Tax payments differ from government fines and penalties because they are not intended to deter or punish unacceptable behavior. Tax payments differ from fees or user charges because they do not entitle the payer to a specific government good or service, such as a postage stamp or a driver’s license. Tax payments also differ from fees or user charges because they are compulsory. 2.

This payment has characteristics of a tax, a penalty, and a user fee. The compulsory payment is not specifically punitive but does apply selectively to those companies most likely responsible for the polluted condition of Green River. However, these same companies may be the entities that benefit most from the environmental clean­up.

3.

This payment more closely resembles a fee for a government service than a transaction­based tax because the transaction occurs between a private party and the jurisdiction itself, rather than between private parties engaging in a market transaction. The payment also entitles the payer to a specific benefit (the right to marry under law).

4.

To the extent that the decline in exterior maintenance reduces the value of Mr. P’s apartment complex, he bears the incidence of the increased property tax. To the extent that the decline reduces the value of adjoining properties or makes the neighborhood less attractive, the owners of the adjoining properties and the neighborhood residents share the incidence of the tax increase. 5.

People who do not directly use public schools (such as Mr. and Mrs. K or people who do not have children) indirectly benefit from a public education system for the general population.
Arguably, public education contributes to a skilled workforce and improves the cultural and social environment in which Mr. and Mrs. K live. Based on this argument, Mr. and Mrs. K should not be exempt from the local property tax.

6.

The consumers who pay the same price for a smaller bar of soap of lesser quality bear the incidence of the new gross receipts tax.

7.

Real property cannot be hidden or moved, and its ownership (legal title) is a matter of public record. In contrast, personal property is mobile and may be easily concealed. Moreover, jurisdictions may not have an effective means to discover or trace ownership of personal property. 8.

Arguably, private golf courses beautify the locality and are environmentally more desirable than other commercial activities. They also may require more acreage than other businesses and, therefore, would be at a competitive disadvantage without a preferential real property tax rate.

9.

Many jurisdictions that levy property taxes provide an exemption for public institutions, such as state universities or private colleges. If University K is entitled to such an exemption, every commercial building or residence acquired by the University reduces the local jurisdiction’s property tax base.

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Chapter 1 - Types of Taxes and the Jurisdictions That Use Them
10. Excise taxes are imposed on a much narrower range of consumer goods and services than sales taxes. Consequently, people can more readily avoid purchasing the specific good or service subject to excise tax.

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Chapter 1 - Types of Taxes and the Jurisdictions That Use Them
11. The Internal Revenue Code is federal statutory law, enacted by Congress and signed by the
President. Technically, Treasury regulations only interpret and explain the statute and are not laws in their own right. Thus, regulations are less authoritative than the Code itself. However, because Congress authorized the Treasury to write regulations, they are the government’s official interpretation of statutory law. Practically, the regulations carry considerable authoritative weight. 12. The tax increase may have reduced the aggregate demand for consumer goods and,
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