Consumption Tax: What It Is And How It Works
Tax policy should be considered inside a broader framework of structural reforms for inclusive growth. Taxation is often a second-best policy instrument in achieving inclusive growth policy design. In many cases, inclusive growth challenges are best tackled at source… OECD research has highlighted the need to shift the tax mix away from income taxes towards taxes that have less negative impacts on economic growth, including taxes…on consumption. Taxes can be structured in many different ways with varying economic, administrative, and … Continued