Showing 1 - 10 of 221
In this paper, we model - quantitatively – a possible realistic interaction between a tax-payer and his Government. We … there is no reason (convenience), for the tax-payer, to evade the taxes or to declare less than his real income. Moreover … distinguished tax-payer (big companies and so on). …
Persistent link: https://www.econbiz.de/10011259328
% to 10.5% (which requirement does not cover public debt since that is considered reliable). Fiscal measures concern tax … wealth tax or create 40 year leases (implictly at 10 billion per year excluding interest) like Hong Kong once was for …
Persistent link: https://www.econbiz.de/10009294940
The 1980s were a decade of tax reform across OECD countries. The changes had many common themes. Top rates of personal … income tax and rates of corporate income tax fell, but revenues were maintained by broadening the bases of these taxes. Seven … countries introduced a value-added tax. Many countries that already had a VAT increased its rate. Social security contributions …
Persistent link: https://www.econbiz.de/10008592934
The rules of the Eurozone cause the euro to function as the gold standard. The US economy performs better in some respects, partly because of the advantages of fiat money. The treaty on the EMU has to be adapted in order not to become dependent upon current ad hoc measures, with the loss of...
Persistent link: https://www.econbiz.de/10011107257
The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high unemployment and stagnating growth by 1970, called stagflation. Since 1970 governments redressed the welfare state but did not succeed in finding workable mechanisms. They rather...
Persistent link: https://www.econbiz.de/10011108214
The article is essentially a book-review of Professor Vijay Joshi's recent work, '"India's Long Road: The Search for Prosperity". In this critical essay, I take a slightly revisionist approach when it comes to a 'typical'book review. For example, the length of this article goes well-beyond the...
Persistent link: https://www.econbiz.de/10011866627
, aspirational increase in spending of $1 million on the football program can improve the probability of winning any particular game …
Persistent link: https://www.econbiz.de/10011259704
Neoliberal discourse often produces the impression that the world has undergone a wholesale shift toward laissez-faire and that this shift has produced economic prosperity. This article examines national economic data to discern the degree to which (1) governments have in fact retreated from the...
Persistent link: https://www.econbiz.de/10008560959
consumers worse-off in the presence of a welfare maximizing tax/subsidy policy. A rise in the number of more cost inefficient …
Persistent link: https://www.econbiz.de/10011271692
introduced the Commodities Transaction Tax of 0.01 per cent payable on seller for derivative transactions on 1 July 2013. This … tax in line with the earlier tax imposed on transactions in the Securities Market, the Securities Transaction Tax. The … on non-farm commodity derivatives and the tax is payable by the seller. The aim of imposition of these taxes is to reduce …
Persistent link: https://www.econbiz.de/10011261161