expenditure to the taxpayers and whether involving them in the process of allocating tax revenues over public goods influence the … level of the adequate tax rate - the fraction of income that individuals consider adequate to pay as taxes. We find that … providing information on public expenditure does not influence the level of the adequate tax rate. On the contrary, the level of …

contrast, the tax influence on the benefits of a SOP remains widely unperceived. This article deals with both cost and benefit … and shareholders can be quantified. Comparing the results in a tax-free world to the results taking into account different … levels of taxation several tax-induced incentive distortions can be identified. …