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Fiscal Pressure Causes Major Problems to Romanian Economy: Underground Economy and Corruption

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  • Sorin Adrian Ciupitu

    ()

  • Daniela Tudorache

    ()

Abstract

Fiscal pressure in Romania was, is and will continue being a current problem. Romania feels at high peak the lack of foreign investments that create stable and well-paid jobs and. Incomes of most part of the taxpayers, coming particularly from salaries, are badly affected by excessive taxation which discourages investors, and encourages tax evasion instead. Corruption can be spotted anywhere both in the political environment and in health, education, public institutions etc. If we manage to limit these phenomena, the country will recover in all aspects.

Suggested Citation

  • Sorin Adrian Ciupitu & Daniela Tudorache, 2015. "Fiscal Pressure Causes Major Problems to Romanian Economy: Underground Economy and Corruption," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 7(1), pages 128-130, March.
  • Handle: RePEc:khe:journl:v:7:y:2015:i:1:p:128-130
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    References listed on IDEAS

    as
    1. Robert W. McGee, & Arsen M. Djatej, & Robert H. S. Sarikas,, 2012. "The Ethics Of Tax Evasion: A Survey Of Hispanic Opinion," Accounting & Taxation, The Institute for Business and Finance Research, vol. 4(1), pages 53-74.
    2. Rosella Levaggi, 2007. "Tax Evasion and the Cost of Public Sector Activities," Public Finance Review, , vol. 35(5), pages 572-585, September.
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    Keywords

    Tax evasion; underground economy; corruption;

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