ILO:
a) Distinction between progressive, proportional and regressive taxes
b) The economic effects of changes in direct and indirect tax rates on other variables:
o incentives to work
o tax revenues: the Laffer curve
o income distribution
o real output and employment
o the price level
o the trade balance
o FDI flows
a) Distinction between progressive, proportional and regressive taxes
b) The economic effects of changes in direct and indirect tax rates on other variables:
o incentives to work
o tax revenues: the Laffer curve
o income distribution
o real output and employment
o the price level
o the trade balance
o FDI flows
Forms of tax
What is the difference between
progressive, proportional and
regressive taxes.
What are the relative adv/dis for each type?
What are the relative adv/dis for each type?
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Government Taxation
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Progressive and Regressive Taxes
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General election 2019: How much tax do British people pay?
General election 2019: How much tax do British people pay?
Economic effects of tax case studies
Using actual examples explain how each of the following could be influenced by changes in
direct and indirect
tax rates on:
o incentives to work
o tax revenues: the Laffer curve
o income distribution
o real output and employment
o the price level
o the trade balance
o FDI flows
o incentives to work
o tax revenues: the Laffer curve
o income distribution
o real output and employment
o the price level
o the trade balance
o FDI flows
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Assess if the marginal rate of tax should be increased for millionaires? (10 marks)
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Watch the laffer curve revision video if unsure of how to use it within your analysis.
Explaining the Laffer Curve I A Level and IB Economics
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