The Taxman Cometh: Why do so many people obediently pay their taxes?


 

Publication Date: January 2008

Publisher: Hoover Institution on War, Revolution, and Peace

Author(s): Gary S. Becker

Research Area: Banking and finance

Keywords: Taxes

Type: Brief

Coverage: United States

Abstract:

Audits, punishments, and the other deterrence variables mentioned above still do not fully explain why there is so little tax evasion. Could it be that most people believe they have a duty, moral or otherwise, to report their taxable income honestly, more or less.

This essay appeared in the Becker-Posner Blog on November 25, 2007.