preferences, and (ii) growth is endogenously sustained through innovations whose market value depends on the tax system. By … incentives to innovate. Tax policies aimed at short-run stabilization may substantially increase long run tax and growth risks … and reduce both average growth and welfare. In contrast, policies oriented toward long-run stabilization increase growth …

keeping taxes, expenditures, and government employment relatively low. In an era of government growth, Florida's taxes and …

public opinion once we include macro controls (real GDP growth, inflation, unemployment, and whether a country is in a EU …

We examine fiscal adjustment episodes in 24 OECD countries in order to find how austerity affects debt and growth, and … likely to successfully reduce debt and enhance economic growth than tax increases. Our main innovations over these studies … suffifficiently large to remove the budget deficit. We find no indication that it matters whether the adjustment is achieved via …

. Hence, the opportunity to address structural deficit problems and prepare for future demographic trends has been lost, and …

expanded to include issues such as environmental taxes, the communications revolution and commercial growth of the Internet and … the relationships between taxation, investment, economic growth and jobs. And the G7, OECD and European Union are …

on the cyclical sensitivity of budget deficit to economic activity and micro evidence on the tax and expenditure profiles …