Principles of Taxation in the United States: Theory, Policy, and Practice

Taxation is a discipline that needs more academic attention and this book provides a unique approach to teaching it. It is not tied to a specific tax year and focuses on teaching the skills necessary to independently find answers. It is essential reading for students taking a first course in taxation, as it helps them to appreciate the complexity of the American tax system and form educated opinions about how taxes work.

Format: Paperback / softback
Length: 396 pages
Publication date: 05 October 2020
Publisher: Taylor & Francis Ltd

Taxation is a field that often receives insufficient academic attention, often being considered a subfield of law, accounting, public policy, economics, or finance. In this regard, the primary focus of academic research in taxation tends to be overshadowed by the broader discipline. However, there is an urgent need for a distinct approach to tax pedagogy that is independent of other disciplines. This book aims to fulfill that real and unmet need in tax pedagogy.

One of the key advantages of this book is that it is not bound by a specific tax year, thereby avoiding the overwhelming presentation of time-sensitive information. Instead, the book focuses on teaching information that is relevant and valuable for understanding the principles and skills necessary to independently find answers. The tax year is not the primary focus of this book, as the central objective is to impart the knowledge and skills required to understand the American tax system on a deeper level.

Through the use of the federal individual income tax as a vehicle, this book aims to unveil the intricate mechanics that constitute the American tax system. It provides readers with a comprehensive understanding of the tax system, enabling them to appreciate its complexity and develop the contextual knowledge necessary to form informed opinions about how taxes work and, more importantly, why. Contrary to popular belief, taxation in the United States has exhibited a remarkable level of stability over the past century. This book utilizes the federal individual income tax as a framework to explore the underlying principles and mechanisms that shape the American tax system.

This book is an essential resource for students embarking on their first course in taxation, whether at the undergraduate or graduate level. It is particularly valuable for students enrolled in programs in accounting, law, public administration, or business, as it provides a comprehensive and interdisciplinary perspective on taxation. By exploring the tax system through the lens of the federal individual income tax, this book offers a valuable foundation for understanding the broader tax system and its implications for individuals, businesses, and society as a whole.

Weight: 818g
Dimension: 174 x 243 x 28 (mm)
ISBN-13: 9781138362840