The phrase "taxation effect" is correct and usable in written English.
You can use it when referring to the impact a taxation policy has on the economy. For example, "The government's new taxation effect caused a significant increase in the cost of housing in the area."
High taxes, it seems, make for high civic engagement.*"Taxation, loss aversion, and accountability: theory and experimental evidence for taxation's effect on citizen behaviour", by Lucy Martin.
More progressive taxation, in effect redistributing income from the top to the middle and bottom, would simultaneously reduce inequality and increase employment by boosting total demand.
The FairTax's effect on the distribution of taxation or tax incidence (the effect on the distribution of economic welfare) is a point of dispute.
Note that I'm not arguing that the structure or rate of taxation has no effect on incentives or on economic performance.
The lottery may seem like "funny money", but it is in effect taxation, taken through a con-trick.The trick works because the government has created a small nationalised (albeit outsourced) monopoly, and used it to offer gambling at costlier terms than punters would face if there were competition.
For the scenario with decreased taxation the opposite effect can be observed, with an increase in disability adjusted life years.
The principal agent literature that considers capital gains taxes studies mostly dividend taxation and finds effects on compensation, investment decisions and capital structure.
15 The model also considered potential adverse effects of the tax on food security, given the effect of taxation on overall food budgets.
In a scenario incorporating the effect of taxation on overall food expenditures, the tax may increase food insecurity by <1%, resulting in 16 000 (95% confidence interval 12 000 to 22 000) deaths.
