Werneck, Rogério Ladeira Furquim - Departamento de Economia, Pontifícia Universidade … - 2005
may make perfectly reasonable fiscal-reform initiatives seem extremely risky. Without any room to absorb revenue losses …, in a complex fiscalfederalism arrangement, the government is bound to recurrently see badly needed tax reform, which …. The next section presents stylized facts that have been underlying a whole decade of unsuccessful tax-reform attempts in …