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The Japanese tax system applies relatively low marginal tax rates on most economic activities which, in combination with moderate tax elasticities of the bases, indicate that the overall distortion from the tax system (the excess burden) is probably modest compared with other OECD countries....
Persistent link: https://www.econbiz.de/10012446303
contributions towards the health and pension systems which are managed by private institutions. Taxation of personal income and … labour earnings is relatively high, whereas the taxation of consumption is low. Empirical research on OECD economies and on … Switzerland specifically indicates that shifting taxation away from personal income towards the taxation of consumption would …
Persistent link: https://www.econbiz.de/10011273965
Norway’s dual income tax system achieves high levels of revenue collection and income redistribution, without overly undermining economic performance and while paying attention to environmental externalities. It treats capital and labour income in different ways: capital income is taxed at a...
Persistent link: https://www.econbiz.de/10011276913
The global economic and financial crisis exacerbated the need for fiscal consolidation in many OECD countries. Drawing lessons from past episodes of fiscal consolidation, this paper investigates the economic environments, political settings and policy measures conducive to fiscal consolidation...
Persistent link: https://www.econbiz.de/10009393768
. Corporate income tax rates are being cut, though the headline rate remains high. Lower taxation for large special economic zones …
Persistent link: https://www.econbiz.de/10009364448
governments across the world. The rate of growth can be affected by policy choices through the effect that taxation has upon … economic modelling of growth and reviews the theoretical evidence on the extent of the link between taxation and growth …
Persistent link: https://www.econbiz.de/10005011985
governments across the world. The rate of growth can be affected by policy choices through the effect that taxation has upon …
Persistent link: https://www.econbiz.de/10005011986
governments across the world. The rate of growth can be affected by policy choices through the effect that taxation has upon …
Persistent link: https://www.econbiz.de/10005011987
For many years Greece has not made a systematic effort to redesign the whole tax system. Changes to taxation have been …
Persistent link: https://www.econbiz.de/10005045580
priority to a lower frequency of tax changes; making the taxation of dependent workers more equitable and less onerous vis …
Persistent link: https://www.econbiz.de/10005045614