OECD Tax Policy Studies Tax Policy Reform and Economic Growth 1st Edition by OECD – Ebook PDF Instant Download/Delivery: 9264091076, 9789264091078
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ISBN 10: 9264091076
ISBN 13: 9789264091078
Author: OECD
In the wake of the recent financial and economic crisis, many OECD countries face the challenge of restoring public finances while still supporting growth. This report investigates how tax structures can best be designed to support GDP per capita growth.
The analysis suggests a tax and economic growth ranking order according to which corporate taxes are the most harmful type of tax for economic growth, followed by personal income taxes and then consumption taxes, with recurrent taxes on immovable property being the least harmful tax. Growth-oriented tax reform measures include tax base broadening and a reduction in the top marginal personal income tax rates. Some degree of support for R&D through the tax system may help to increase private spending on innovation.
But implementing pro-growth tax reforms may not be easy. This report identifies those public and political economy tax reform strategies that will allow policy makers to reconcile differing tax policy objectives and overcome obstacles to reform. It stresses that with clear vision, strong leadership and solid tax policy analysis, growth-oriented tax reform can indeed be realised.
OECD Tax Policy Studies Tax Policy Reform and Economic Growth 1st Table of contents:
Part II Making Growthoriented Tax Reforms Happen
45
Part III Further Analysis of the Tax and Growth Tax Policy Recommendations
81
References
105
Annex A The 2010 Tax Reform Process in Denmark
111
Annex B The OECD Tax and Growth Study
114
Droits d’auteur
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