Tag: Personal Income Tax

Coming Back Stronger – Reforming Tax Expenditures

January, 2021 | Online
Fiscal, Panel | Tags: Consumption Tax, Corporate Tax, Personal Income Tax, Tax Expenditures, Tax Reform
A significant amount of government funding worldwide is channeled through tax breaks, aka “tax expenditures” (TEs), in the form of exemptions, deductions, credits, deferrals, and reduced tax rates. Despite their magnitude and the fact that their net impact on government budgets is the same as direct ... continue reading