distortionary cost

English - Turkish

Definition of distortionary cost in English Turkish dictionary

Related Terms

distortionary cost of taxation

(Ekonomi) Aşırı vergi yükü

distortionary cost of taxation

vergilendirme distortionary maliyet

English - English

Definition of distortionary cost in English English dictionary

(Ekonomi) In economics, the excess burden of taxation, also known as the distortionary cost or deadweight loss of taxation, is one of the economic losses that society suffers as the result of a tax

Related Terms

distortionary cost of taxation

(Ekonomi) In economics, the excess burden of taxation, also known as the distortionary cost or deadweight loss of taxation, is the economic loss society suffers as the result of a tax, over and above the revenue it collects. Distortions occur because people or firms change their behaviour in order to reduce the amount of tax they must pay. Excess burdens can be measured using the average cost of funds or the marginal cost of funds (MCF)