Tag: Tax Expenditures

The Earned Income Tax Credit: Helping Families at a Surprisingly Low Cost

| 29 November 2018
Blog, Fiscal | Tags: Inequality, Poverty, Tax Expenditures
Amid growing concerns over stagnant rates of intergenerational mobility, little to no wage growth for low-skilled workers, and declining rates of labor force participation, policymakers are interested in approaches to strengthen incentives to work, increase household income for disadvantaged families, and increase children’s economic opportunity. ... continue reading

International Economic Cooperation in Troubled Times: A Call for Strong Action by the G20

, , , , , , , and | 26 November 2018
Blog, Fiscal, Trade | Tags: Employment, G20, Investment, Protectionism, Services Trade, Tax Competition, Tax Expenditures
The leaders of the G20 will meet on 30 November and 1 December in Buenos Aires for their annual summit. They need to acknowledge that the last two years have been characterized by strong headwinds for the world economy. This time, however, it is not ... continue reading

Assessing Tax Expenditure Reporting in G20 and OECD Economies

and | 6 November 2018
Discussion Notes, Fiscal | Tags: G20, OECD, Tax Expenditures
Governments worldwide pursue public policy objectives through direct spending and tax expenditures (TEs). Interestingly though, and despite their significant impact on government budgets, TEs are opaque and very often not subject to the same level of scrutiny in the budget process as direct spending. This ... continue reading

Are Tax Incentives in Nigeria Attracting Investment or Giving Away Revenue?

| 16 August 2018
Blog, Fiscal | Tags: Tax Competition, Tax Expenditures
For over a decade, Nigeria, like so many developing countries, has been granting a number of tax incentives to multinational companies in a bid to attract foreign direct investment. Proponents of the incentives argue that the measures are vital to the development of the economy, ... continue reading

The Sunday Program: International Tax Cooperation in the G20

| 20 July 2018
Blog, Fiscal | Tags: G20, Tax Competition, Tax Expenditures
Christine Lagarde suggested in a recent IMF Blog that G20 Finance Ministers and Central Bank Governors should concentrate their efforts on three fields when they meet in Buenos Aires on Sunday: global trade, emerging market vulnerabilities, and the impact of technology on jobs. International tax ... continue reading