Tax Policy for Economic Recovery and Growth
AbstractThis article identifies tax policy that both speeds recovery from the current economic crisis and contributes to long-run growth. This is a challenge because short‐term recovery requires increases in demand while long‐term growth requires increases in supply. As short‐term tax concessions can be hard to reverse, this implies that policies to alleviate the crisis could compromise long‐run growth. The analysis makes use of recent evidence on the impact of tax structure on economic growth to identify which growth‐enhancing tax changes can also aid recovery, taking account of the need to protect those on low incomes.
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Bibliographic InfoArticle provided by Royal Economic Society in its journal The Economic Journal.
Volume (Year): 121 (2011)
Issue (Month): 550 (February)
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Web page: http://www.res.org.uk/
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Other versions of this item:
- H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
- H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page. reading lists or Wikipedia pages:
- Talk:Progressive tax in Wikipedia (English)
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