Saumya SharmaAIR 9 · CSE 2017 · 182 wordsTheir whole copy
Opening · a definition
Public funds refer to all funds with the government. They primarily consist of taxes, cesses, surcharges, aids and grants.
Ethical challenges:
Body · points
• Using funds for new development projects that will primarily cater to the well off or whether to use them for social capital building - eg: health or education. • Whether to use funds more in areas that have high taxpayer rate, or whether to use them in low income no-taxpayer area. • Disclosure of use of funds.
- Certain funds may be used for essential, but controversial funding.
Eg: Z+ security cover for a high profile convict.
• Whether to use funds for maintenance of existing infrastructure, or to use them for creating new infrastructure.
Close
Strategies to effectively deal :-
(A) Progressive taxation with a message that funds are to be used for the benefit of the least disadvantaged. (on the lines of Rawls)
(B) Effective delivery of essential services at nominal rates and frequency for all. This will ensure that the well-off are more willing to pay taxes, even if they're being used for the benefit of the poor.