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1973•National Tax JournalRequires access

FINANCING THE CORPORATION FOR PUBLIC TELEVISION

Gerald J. Boyle

Open publisher page 1 citations

Abstract

It has been proposed that the Corporation for Public Television be financed from earmarked tax revenues levied on either the pros s receipts of broadcasters or the purchase of television sets. Both of these are regressive sources since they are ultimately borne by the consumer. However, the dollar incidence of benefits from the activities of the corporation are progressive. Therefore, both the ability to pay and the benefits principle will be served if the Corporation is financed by appropriations from the general fund.

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What this paper is about

It has been proposed that the Corporation for Public Television be financed from earmarked tax revenues levied on either the pros s receipts of broadcasters or the purchase of television sets. Both of these are regressive sources since they are ultimately borne by the consumer. However, the dollar incidence of benefits from the activities of the corporation are progressive. Therefore, both the ability to pay and the benefits principle will be served if the Corporation is financed by appropriations from the general fund.

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Available abstract

It has been proposed that the Corporation for Public Television be financed from earmarked tax revenues levied on either the pros s receipts of broadcasters or the purchase of television sets. Both of these are regressive sources since they are ultimately borne by the consumer. However, the dollar incidence of benefits from the activities of the corporation are progressive. Therefore, both the ability to pay and the benefits principle will be served if the Corporation is financed by appropriations from the general fund.

Key concepts: Corporation, Liberian dollar, Revenue, Economics, Finance, Business, Tax revenue, Public finance

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