Tax Policy and Inclusive Growth
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Summary:
This paper discusses the theory and practice of tax design to achieve an efficient and equitable outcome, i.e. in support of inclusive growth. It starts with a discussion of the key principles from tax theory to guide practical tax design. Then, it elaborates on more granular tax policy, discussing key choices in the structure of the personal income tax on labor and capital income, taxes on wealth, the corporate income tax, and consumption taxes. The paper concludes by highlighting the political economy considerations of the issues with concrete recommedtions as to how to implement tax reform.
Series:
Working Paper No. 2020/271
Subject:
Capital income tax Corporate income tax Income Income and capital gains taxes Income tax systems National accounts Taxes
Frequency:
regular
English
Publication Date:
December 4, 2020
ISBN/ISSN:
9781513561561/1018-5941
Stock No:
WPIEA2020271
Pages:
38
Please address any questions about this title to publications@imf.org