15.5 QUESTIONS
1. Explain the benefits principle of
taxation and bring out its
limitations.
2. Discuss the ability to pay principle of taxation.
3. Explain the concept of horizontal and vertical equity.
4. Write notes on:
(a)
Lindahl‘s
model of benefit principle
(b)
Bowen‘s
model of benefit principle
5. Explain the concepts of incidence, impact and shifting.
6. Distinguish between forward and backward shifting.
7. Explain the different concepts of incidence of taxation.
8.
Explain Dalton‘s concept of incidence of taxation.
9.
Explain Hick‘s concept of incidence of taxation.
10.
Explain Musgrave‘s concept of incidence of taxation.
11. Explain how elasticity of demand
and supply influence the
incidence of taxations.
12. Discuss how the incidence
of tax is influence by cost
conditions.
13. Examine the incidence of taxation under perfect competition.
14. Examine the incidence of a unit
tax and lumpsum tax under
monopoly.
15. Explain impact of different elasticities of supply on distribution
of incidence of taxation.
16. Explain the meaning of excess
burden of taxation and
measure the excess burden of a unit tax.
17. Write notes on excess burden of tax on wage income.
