Description:In the wake of the recent financial and economic crisis, many OECD countries face the challenge of restoring public finances while still supporting growth. This book investigates how tax structures can be designed to support growth of GDP per capita.The analysis suggests a tax and economic growth ranking order that positions corporate taxes as the most harmful to economic growth, followed by personal income taxes, then consumption taxes, with recurrent taxes on immovable property being the least harmful. Recommended growth-oriented tax reform measures include tax-base broadening and a reduction in the top marginal personal income tax rates. Some degree of support for research and development through the tax system may help to increase private spending on innovation.Implementing growth-oriented tax reform is not always easy. This book identifies some tax reform strategies that may allow policymakers to reconcile differing tax policy objectives and overcome obstacles to reform.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Tax Policy Reform and Economic Growth. To get started finding Tax Policy Reform and Economic Growth, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Description: In the wake of the recent financial and economic crisis, many OECD countries face the challenge of restoring public finances while still supporting growth. This book investigates how tax structures can be designed to support growth of GDP per capita.The analysis suggests a tax and economic growth ranking order that positions corporate taxes as the most harmful to economic growth, followed by personal income taxes, then consumption taxes, with recurrent taxes on immovable property being the least harmful. Recommended growth-oriented tax reform measures include tax-base broadening and a reduction in the top marginal personal income tax rates. Some degree of support for research and development through the tax system may help to increase private spending on innovation.Implementing growth-oriented tax reform is not always easy. This book identifies some tax reform strategies that may allow policymakers to reconcile differing tax policy objectives and overcome obstacles to reform.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Tax Policy Reform and Economic Growth. To get started finding Tax Policy Reform and Economic Growth, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.