Taxes on Income

  • D. I. Trotman-Dickenson


We have looked at taxation in general. Now we shall consider individual taxes and illustrate the investigation with examples from the UK (see Figure 7.1). Income Tax is a tax on the income of a person and is therefore a personal tax. It is also a direct tax on the taxpayer. For the purpose of taxation a distinction may be drawn between two types of income, which are: (i) earned incomes – wages, salaries, professional fees, benefits in kind; (ii) unearned income – rent, interest, dividends.


Royal Commission Direct Taxation Investment Income Progressive Rate Vertical Equity 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. M. Beenstock, 'Taxation and Incentives in the UK', Lloyds Bank Review, October 1979.Google Scholar
  2. Board of Inland Revenue, Inland Revenue Statistics (London: HMSO, annually).Google Scholar
  3. C.V. Brown and P.M. Jackson, Public Sector Economics (Oxford: Basil Blackwell, I 992).Google Scholar
  4. C.V. Brown, 'Will the 1988 Income Tax Cuts Either Increase Work Incentives or Raise More Revenue?', Fiscal Studies, Vol. 9, No.4, 1988.Google Scholar
  5. A. Dilnot and M. Keii, 'Top-Rate Tax Cuts and Inventiveness: Some Empirical Evidence', Fiscal Studies, Vol. 9, No.4, 1988.Google Scholar
  6. G.C. Hockley, Fiscal Policy (London: Routledge, I 992).Google Scholar
  7. S. James and G. Nobes, The Economics of Taxation (London: Prentice-Hall, 1992).Google Scholar
  8. J.A. Kay and M.A. King, The British Tax System (Oxford: Oxford University Press, 1990).Google Scholar
  9. OECD, Negative Income Tax (Paris: OECD, 1974).Google Scholar
  10. P. Minford, 'Outlook After the Budget', Fiscal Studies, Vol. 9, No.2, I 988.Google Scholar
  11. P. Minford and P. Ashton, 'The Poverty Trap and the Laffer Curve: What Does the GHS Tell Us?' (Liverpool: Liverpool University, I 988, mimeo).Google Scholar
  12. Royal Commission on Debt and Taxation, Cmnd. 2800 (London: HMSO, 1927).Google Scholar
  13. Royal Commission on the Distribution of Income and Wealth, Cmnd. 6171 (London: 1975; First report, Cmnd. 7679, 1979).Google Scholar
  14. C.T. Sandford, The Economics of Public Finance (Oxford: Pergamon Press, 1993).Google Scholar
  15. M. Wilkinson, Taxation (London: Macmillan, I 992).Google Scholar

Copyright information

© D.I. Trotman-Dickenson 1996

Authors and Affiliations

  • D. I. Trotman-Dickenson
    • 1
  1. 1.University of GlamorganUK

Personalised recommendations