PUBLIC FINANCE GROUP LIST: ALICE Group 1 Discuss the principles of Keynesian anti-cyclical fiscal policy and use a diagram to explain the distinction between automatic fiscal stabilisers and active fiscal policies. Group 2 A) "Capital gains tax is an inappropriate form of taxation for South Africa." Analyse this statement. B) Discuss VAT with reference to the consumption-type VAT and its economic effects. Group 3 A) Describe the personal consumption tax base. Further, discuss the rationale and short comings of the consumption tax. Group 5 a) A monopolist being a price maker can shift taxes to the customers in full. Make use of graphs to illustrate your argument. Also make a proposal of policies to the government to coordinate the behaviour of the monopoly. Group 6 Explain the economic effects of personal income tax by referring to: - economic efficiency, - equity, - administrative efficiency, and flexibility Group 7 a) Discuss the market failure-based arguments for government involvement in the provision of health care. b) Explain the importance of the "service delivery chain" in the provision of social. Group 8 Using graphs, analyze the incidence of the following tax burden under the conditions of perfect competition: a) Unit tax b) Ad valorem tax