excess burden of taxation

English - Turkish

Definition of excess burden of taxation in English Turkish dictionary

(Ekonomi) Aşırı vergi yükü

English - English

Definition of excess burden of taxation in English English dictionary

(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)

(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

Hyphenation

ex·cess bur·den of tax·a·tion

Turkish pronunciation

îkses bırdın ıv täkseyşın

Pronunciation

/əkˈses ˈbərdən əv takˈsāsʜən/ /ɪkˈsɛs ˈbɜrdən əv tækˈseɪʃən/