economic progress

Serbia, There are still great debates about what a tax system should look like

The old saying goes that nothing is as certain as death and taxes. However, there are still great debates about what a tax system should look like, both in theory and in practice. Some principles have been established, but the final design still depends on numerous elements, only some of which are economic, and a large number of them are social or political. The biggest debate is between the proponents of proportional and progressive taxation, which in its essence boils…