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Higher Taxes Reduce Economic Growth: Overwhelming International Evidence

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  • Sarah Nizamani

    (Pakistan Institute of Development Economics)

Abstract

For decades, the topic of economic growth and its prosperity has been the heart of debate all over the world. Without any doubt, technology, investment (in both human and physical capital) and new techniques of production are the growth fundamentals. Due to its power to affect investment and profitability, taxation plays a fundamental role in choices made and ultimately, the pace of development and growth.

Suggested Citation

  • Sarah Nizamani, 2020. "Higher Taxes Reduce Economic Growth: Overwhelming International Evidence," PIDE Knowledge Brief 2020:14, Pakistan Institute of Development Economics.
    • Handle: RePEc:pid:kbrief:2020:14
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    References listed on IDEAS

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