Tax Expenditures and Complexity in a VAT System: The Case of Brazil
Ivan Ozai | 7 January 2020
Blog,
Fiscal | Tags:
Tax Expenditures,
VAT Despite its known regressivity, the value-added tax (VAT) has been considered a robust tool for development, especially if integrated into a well-implemented tax-and-benefit system. VAT is often considered a neutral tax that minimizes distortions and is particularly relevant to low- and middle-income countries due to
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Housing Taxation in Europe
Salvador Barrios,
Viginta Ivaškaitė-Tamošiūnė,
Estefanía Vázquez Torres,
Cécile Denis and
Andriana Reut | 18 December 2019
Blog,
Fiscal | Tags:
Housing,
Tax Expenditures Tax incentives favouring homeownership are widely used in developed economies. Homeownership is often thought to bring a number of positive contributions, from the promotion of households´ saving to enhanced community engagement. However, housing tax incentives are also considered as a major source of distortions for
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What the Tax Cuts and Jobs Act Means for Tax Expenditures
Eric Toder | 20 June 2019
Blog,
Fiscal | Tags:
Income Tax,
Inequality,
Tax Expenditures In a new paper, my former Tax Policy Center colleague Daniel Berger and I calculate that the 2017 Tax Cuts and Jobs Act (TCJA) modestly reduced the cost of tax expenditures in the individual income tax and made them slightly less regressive. We estimate that
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The Low-Skill Losers
Karen Petrou | 30 April 2019
Blog,
Monetary | Tags:
Employment,
Federal Reserve,
Inequality,
QE The Fed is devoting increasing analytical – if not yet policy-maker – attention to the unequalizing impact of unconventional policy. It’s a start – a major problem besetting central banks in countries without a robust middle class – i.e., the U.S. – is that
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Fiscal Transparency: The Case of Tax Expenditures in Developing Countries
Mario Mansour | 11 April 2019
Blog,
Fiscal | Tags:
Tax Expenditures In recent years, more developing countries have started reporting on their tax expenditures, however the quality of reporting needs to improve if it is to usefully contribute to fiscal transparency and the debate on domestic revenue mobilization.
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