Sources of Government Revenue in the OECD, 2023
Designing tax policy in a way that sustainably finances government activities while minimizing distortions is important for supporting a productive economy.
Designing tax policy in a way that sustainably finances government activities while minimizing distortions is important for supporting a productive economy.
Designing tax policy in a way that sustainably finances government activities while minimizing distortions is important for supporting a productive economy.
Developed countries have on average become more reliant on consumption taxes and less reliant on individual income taxes. These policy changes matter, considering that consumption-based taxes raise revenue with less distortionary effects than taxes on income.
OECD countries have on average become more reliant on consumption taxes and less reliant on individual income taxes. These policy changes matter, considering that consumption-based taxes raise revenue with less economic damage and distortionary effects than taxes on income.
OECD countries have on average become more reliant on consumption taxes and less reliant on individual income taxes. These policy changes matter, considering that consumption-based taxes raise revenue with less economic damage and distortionary effects than taxes on income.