We study a model in which the effects of taxation on growth are highly non-linear. Marginal increases in tax rates have … a small growth impact when tax rates are low or moderate. When tax rates are high, further tax hikes have a large … of taxation and other disincentives to investment and innovation on economic growth …

This paper evaluates optimal public investment and fiscal policy for countries characterized by limited tax and debt … effective tax rate. We show how persistent differences in growth rates across countries could stem from differential public … constant in the economy with or without a binding constraint on tax revenues as a share of GDP current non-durable public goods …

investment and labour as well as by altering after-tax proceeds across sectors. It is clear that economists have different … stabilize investment activities. The regression result also shows that tax was not properly signed and this could largely be … analysis concerning the effect of government spending and tax on economic growth in any nation. The research was conducted …

against public investment. This budget scoring process systematically underestimates the benefits of public investment and … fund public investment is amplified by a think tank, the Penn Wharton Budget Model (PWBM). The PWBM assumes that taxes and … debt have devastating effects on economic growth and assumes away much of the benefit of public investment. These strong …