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Fiscal Pressure Causes Major Problems to Romanian Economy: Underground Economy and Corruption

Sorin Adrian Ciupitu () and Daniela Tudorache ()

Knowledge Horizons - Economics, 2015, vol. 7, issue 1, 128-130

Abstract: Fiscal pressure in Romania was, is and will continue being a current problem. Romania feels at high peak the lack of foreign investments that create stable and well-paid jobs and. Incomes of most part of the taxpayers, coming particularly from salaries, are badly affected by excessive taxation which discourages investors, and encourages tax evasion instead. Corruption can be spotted anywhere both in the political environment and in health, education, public institutions etc. If we manage to limit these phenomena, the country will recover in all aspects.

Keywords: Tax evasion; underground economy; corruption (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (1)

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