Fighting Poverty with Taxes
Patricia K. Tong | 21 November 2017
Blog,
Fiscal | Tags:
Inequality,
Poverty,
Tax Expenditures One way the U.S. federal income tax system provides low-income families with financial support is through refundable tax credits. Families can claim refundable tax credits even if they do not owe any tax liability, which allows families with the lowest incomes to receive benefits.
... continue reading
Fiscal Policy and Informality
Agustin Redonda | 1 September 2017
Blog,
Fiscal | Tags:
Inequality,
Pensions,
Tax Expenditures Countries differ from each other in several aspects that need to be considered when designing fiscal policy. The size of the informal sector is a case in point.
... continue reading
Measuring Tax Expenditures in Developing Countries: What is the Role of the G20?
Magalí Brosio | 26 May 2017
Blog,
Fiscal | Tags:
Inequality,
Tax Competition,
Tax Expenditures For many countries in the developing world, tax exemptions are considered a crucial instrument for stimulating private local investment and, mainly, attracting foreign direct investment (FDI) inflows. According to the point of view that promotes tax expenditures as a convenient tool for achieving these goals,
... continue reading
Monetary Policy, Macroprudential Regulation and Inequality
Pierre Monnin | 12 April 2017
Discussion Notes,
Monetary | Tags:
Inequality,
Interest Rates,
Macroprudential Regulation The 2008 global financial crisis profoundly changed the role of central banks in the economy. First, central banks engaged in strong expansionary monetary policy, using new unconventional tools to boost economic activity. Second, they were key to containing financial instability, which led them to implement
... continue reading