Political Costs of Tax-Based Consolidations

Nopic
This paper studies the impact of tax-based consolidations on reelection outcomes. Using a granular database of tax-based consolidations for a panel of 10 OECD countries over the last 40 years, we find that tax reforms are politically costly but some reforms are costlier than others. Measures aimed primarily at reducing existing deficits and debt... READ MORE...

Publication date: December 2019
ISBN 9781513521534
$18.00

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Publication date: December 2019

English