Bibliographic Details
| Title: |
Do revenue-neutral tax swaps boost growth? |
| Authors: |
Şen, Hüseyin1 (AUTHOR), Kaya, Ayşe2 (AUTHOR) ayse.kaya@ikcu.edu.tr |
| Source: |
Journal of Economic Policy Reform. Dec2023, Vol. 26 Issue 4, p401-420. 20p. |
| Subject Terms: |
*Consumption tax, *Corporate taxes, *Payroll tax, *Tax reform, *Income tax, *Taxation, *Property tax, Panel analysis |
| Abstract: |
Do revenue-neutral tax swaps boost growth? To answer this question, we use a panel data set of nine OECD countries for the period 1981-2017 and arrive at the following main results under revenue-neutral conditions: First, the most growth-damaging tax is the corporate income tax, followed by the personal income tax. Second, a shift from income taxes to consumption taxes is associated with higher growth, while a shift from social security contributions and property taxes to payroll & workforce taxes has significant negative effects on growth. Overall, our results confirm the view that revenue-neutral tax reforms focusing on a shift from income taxation to consumption and property taxation would promote growth. [ABSTRACT FROM AUTHOR] |
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| Database: |
Business Source Complete |
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