TAXES AND EQUITY
Ever since American colonists dumped imported ~ into Boston harbor to protest high British taxes, tax policy has generated some of the most heated debates in American politics. The heat is rarely fueled by questions of efficiency. Instead, it arises from disagreements over how the tax burden should be distributed. Senator Russell Long once mimicked the public debate with this ditty:
Don’t tax you.
Don’t tax me.
Tax that fella behind the tree.
Of course, if we are to rely on the government to provide some of the goods and services we want, taxes must fall on someone. In this section, we consider the equity of a tax system. How should the burden of taxes be divided among the population? How do we evaluate whether a tax system is fair? Everyone agrees that the tax system should be equitable, but there is much disagreement about what equity means and how the equity of a tax system can be judged.
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