Tax revenue collection is essential to the state’s ability to address market failures, provide goods and services such as health and education, invest in infrastructure, stabilize the economy in response to shocks, and maintain sustainable debt dynamics. Using a regression discontinuity design, the authors demonstrate that there is a tax threshold around 15 percent of GDP where future inclusive growth significantly improves. This may be due to increased...
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INFORMATION
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2024/07/10
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Document de travail
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192069
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1
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2024/07/15
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Disclosed
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Taxing for Growth : Revisiting the 15 Percent Threshold
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