Impact of tax policy in Romania on budget revenues
Using the state fiscal levers in order to influence the economic system and the macroeconomic variables is known from the ancient times. Fiscal policy decisions reflect the related tax system and ensure its functionality in order to obtain the aimed economic effects. Analysis of fiscal policy measures and their effects should follow the level of taxation, the budget deficit, the level of the general consolidated budget revenues in line with GDP. The paper work presents practical aspects of fiscal policy and measures which should be adopted in the Romanian economy.
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