The Tax Policy from an Economic Growth Perspective
This article summarizes the evidence on the relationship between tax policy and economic growth, referring to several case studies providing more substance and detail. Potential negative effects of tax policy on economic growth have been addressed in the debates on whether to increase taxes to redu...
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| Language: | English |
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Galati University Press
2025-04-01
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| Series: | ACROSS |
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| Online Access: | https://www.gup.ugal.ro/ugaljournals/index.php/across/article/view/7530 |
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| author | Dorel NOROC |
| author_facet | Dorel NOROC |
| author_sort | Dorel NOROC |
| collection | DOAJ |
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This article summarizes the evidence on the relationship between tax policy and economic growth, referring to several case studies providing more substance and detail. Potential negative effects of tax policy on economic growth have been addressed in the debates on whether to increase taxes to reduce the deficit and reform taxes by broadening the base to lower tax rates.
This is a key element of modern trends in public finance and macroeconomics. Many economists have tried to explain the correlation between tax policy and economic growth. However, many dilemmas have remained open, and the empirical relationship between taxes and growth seems much more complex than theoretical findings suggest. The impact of taxes on growth can be noticed both in terms of efficiency and changes in equity that taxes introduce to the economy.
The article analyzes the correlation between tax policy and economic growth through the prism of 3 components: (i) the level of taxation, (ii) the structure, and (iii) the complexity of the taxation system. In addition, the article reviews if there is a correlation between the level of taxation or its change and the country’s development level.
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| format | Article |
| id | doaj-art-5bd03bb3a3d84f5a905fb3b73ceb8a6e |
| institution | OA Journals |
| issn | 2602-1463 |
| language | English |
| publishDate | 2025-04-01 |
| publisher | Galati University Press |
| record_format | Article |
| series | ACROSS |
| spelling | doaj-art-5bd03bb3a3d84f5a905fb3b73ceb8a6e2025-08-20T02:16:23ZengGalati University PressACROSS2602-14632025-04-0161The Tax Policy from an Economic Growth PerspectiveDorel NOROC0Academy of Economic Studies of Moldova (Republic of Moldova) This article summarizes the evidence on the relationship between tax policy and economic growth, referring to several case studies providing more substance and detail. Potential negative effects of tax policy on economic growth have been addressed in the debates on whether to increase taxes to reduce the deficit and reform taxes by broadening the base to lower tax rates. This is a key element of modern trends in public finance and macroeconomics. Many economists have tried to explain the correlation between tax policy and economic growth. However, many dilemmas have remained open, and the empirical relationship between taxes and growth seems much more complex than theoretical findings suggest. The impact of taxes on growth can be noticed both in terms of efficiency and changes in equity that taxes introduce to the economy. The article analyzes the correlation between tax policy and economic growth through the prism of 3 components: (i) the level of taxation, (ii) the structure, and (iii) the complexity of the taxation system. In addition, the article reviews if there is a correlation between the level of taxation or its change and the country’s development level. https://www.gup.ugal.ro/ugaljournals/index.php/across/article/view/7530tax policytax revenuesstructure of the taxation systemincome redistribution |
| spellingShingle | Dorel NOROC The Tax Policy from an Economic Growth Perspective ACROSS tax policy tax revenues structure of the taxation system income redistribution |
| title | The Tax Policy from an Economic Growth Perspective |
| title_full | The Tax Policy from an Economic Growth Perspective |
| title_fullStr | The Tax Policy from an Economic Growth Perspective |
| title_full_unstemmed | The Tax Policy from an Economic Growth Perspective |
| title_short | The Tax Policy from an Economic Growth Perspective |
| title_sort | tax policy from an economic growth perspective |
| topic | tax policy tax revenues structure of the taxation system income redistribution |
| url | https://www.gup.ugal.ro/ugaljournals/index.php/across/article/view/7530 |
| work_keys_str_mv | AT dorelnoroc thetaxpolicyfromaneconomicgrowthperspective AT dorelnoroc taxpolicyfromaneconomicgrowthperspective |