University of agribusiness and rural development, International scientific and practical conference Bulgaria of regions 2018

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The classicism and the таxation as a fiscal instrument
Tanya Todorova

Last modified: 2019-01-21

Abstract


The discussion on the role of the state, the amount of public revenue and the budget balance to maintain a balance between economic stability and social justice has continued since the dawn of classicalism as an economic ideology. The need for an active participation of the state in the economy and the use of taxes as a fiscal instrument has been examined by the most distinguished classics of economic thought.

In the present study, the role of taxation as a fiscal instrument is the object of research, the subject is the evolution of economists-classics' views on taxes. The aim is to clarify whether classism accepts or rejects the idea of state activity in the economy.


Keywords


classicism, fiscal policy, public revenues, taxes; fiscal instruments