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This paper develops a dynamic general equilibrium model to assess the effects oftemporary business tax cuts. First, the analysis extends the Ricardian equivalence result toan environment with production and establishes that a temporary tax cut financed by afuture tax-increase has no real effect...
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This article outlines the foundations of health-related accounts and arrangements, including tax and economic considerations affecting their role in various designs for health insurance coverage. It explores the impact of the Affordable Care Act (ACA) and related administrative guidance...
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especially demand management in the Indian economy. After the shock of the Global Financial Crisis (GFC), India’s economy did not … food is very small, even for a poor country like India now that there are few people below the poverty line. The point that … India may be at a phase (encountered by all densely populated countries that pierced the middle income barrier) when the …
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Reserve Bank of India (RBI) in responding swiftly and in-kind ensured that there would not be a monetary constraint, and hence …
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Ten days ago I returned from the third meeting of the OECD's Forum on Tax Administration in Korea. Thirty-five economies agreed to work together to address the significant and growing problem of international non-compliance with national tax requirements.Four areas were identified to intensify...
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