Contributor: Agustin Redonda

Assessing Pension-Related Tax Expenditures in South Africa

and | 6 April 2021
Fiscal, Working Papers | Tags: Inequality, Pensions, Tax Expenditures
In 2016, the South African government introduced a comprehensive reform to simplify and harmonize the pension system in order to incentivize pension savings and increase the fairness of the retirement system. Using administrative tax micro-data, we assess the impact of the 2016 reform and find that it triggered ... continue reading

COVID-19 and Inequality: The Urgent Need for Tax Expenditure Reform

and | 24 November 2020
Blog, Fiscal | Tags: Covid-19, Inequality, Tax Expenditures, Tax Reform
The economic impact of COVID-19 is both unprecedented and far-reaching. There is now little doubt that the pandemic will disproportionally hit the worse-off, hence exacerbating inequality. It is also clear that the pandemic is particularly affecting groups and sectors that were already under significant stress ... continue reading

Tackling Inequality Through Tax Expenditure Reform

and | 24 September 2020
Fiscal, Policy Briefs | Tags: G20, Inequality, Tax Expenditures, VAT
Inequality endangers social cohesion and hampers economic growth, and as a consequence of the COVID-19 pandemic, inequality is set to increase. Hence, the commitment of the Group of Twenty (G20) to address inequality in the context of the Sustainable Development Goals (SDGs) is arguably more ... continue reading

Trade Implications of Tax Expenditures

, , , , and | 15 September 2020
Fiscal, Policy Briefs, Trade | Tags: Carbon Tax, Digitalization, Illicit Financial Flows, Tax Competition, Tax Expenditures
International trade and taxation are inextricably linked and have been high-priority issues within the Group of Twenty (G20) agenda. However, the interconnections between international trade and tax expenditures—that is, benefits granted through preferential tax treatment—have been overlooked. This brief calls for a better design of ... continue reading

Worthy Goals, Flawed Policies – Why Increasing Tax Deductions for Parents Can be Wrong

| 4 September 2020
Blog, Fiscal | Tags: Inequality, Tax Expenditures
Tax expenditures (TEs) – also called tax benefits, tax reliefs, or simply tax subsidies – are used widely to pursue different policy objectives, e.g. boosting innovation and R&D, attracting investment and reducing poverty. Governments worldwide forego significant amounts of revenues through the implementation of these ... continue reading