"The best system of taxation from the economic point of view is that which has the best or the least…
This welfare-oriented characterization of the best tax system is associated with Hugh Dalton. Musgrave developed allocation/distribution/stabilization analysis; Marshall and…
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"The best system of taxation from the economic point of view is that which has the best or the least bad economic effects". Who said this?
Answer and explanation
Correct answer C
This welfare-oriented characterization of the best tax system is associated with Hugh Dalton. Musgrave developed allocation/distribution/stabilization analysis; Marshall and Pigou contributed other welfare and tax arguments, but Dalton is the recalled attribution for this statement. Musgrave Marshall Hugh Dalton Pigou 1. Musgrave 2. Marshall 3. Hugh Dalton 4. Pigou
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UGC NET Economics