Article Writing Homework Help

Hello, I am looking for someone to write an article on A Good Tax System for an Open Economy. It needs to be at least 2500 words. Relating to household saving, populaces save when the sum of money they desire to consume is dissimilar from the income they obtain. For example, some people may find expenditure smoothing hard to attain particularly if they have little returns. Therefore, decisions made by people rely less on long-term philosophy and more on the aspiration for immediate indulgence. Finally, populaces save less when they earn smaller amounts yet have high needs. Additionally, due to poor rationality, there is a driving power to the government to build up savings, pensions, and public insurance. Regarding the above, taxation consequently directly affects the wellbeing of people predominantly during the periods of joblessness or sequestration. Thus, in order to a faultless tax system, the government should rely broadly upon concepts like tax neutrality in order to structure its assessment (Diamond 2005, 99). This paper provides characteristics that will be able to identify a good tax system for an open economy and particularly suggest how the United Kingdom tax system should be reformed with the aim of making it ideal. The Mirrlees review was as a result of research that was carried by Sir James Mirrlees and his associates with the aim of analyzing and coming up with a conclusion that would influence the tax policy in the United Kingdom. The review came up with frameworks that highlighted the proposals of some of the important features. This features included characteristics of a better tax system that described the process that should be used to access the current system of taxation in the United Kingdom (Mirrlees 2011, 21).