Taxation

"Maybe I've been a little too harsh with this essay - it's 4.4/4.5 star essay, I feel. I like your introduction and your structure, everything's very clear and your logic is well explained. There's a bit of evaluation in there - not a massive amount, but enough to get by, I feel. Concerning your argument about inequality, it's good and I like the use of Lorenz curves to illustrate it, however you've only given me one Lorenz curve on the diagram. You really need 2 - one to show where the UK is before the shift and another one to show where the UK is after the shift. Your AD/AS analysis is sound in my opinion, just about, although I'm not at all convinced about your mention of income and substitution effects. I don't feel the Laffer curve analysis is really that relevant, either, because it talks of an aggregate tax percentage and doesn't differentiate between indirect and direct taxes. The conclusion isn't great as it doesn't really tie the essay together as well as it should, but it's passable. Good piece of work TSR User: chidona"