Higher Taxes Reduce Economic Growth: Overwhelming International Evidence
Sarah Nizamani
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Sarah Nizamani: Pakistan Institute of Development Economics
No 2020:14, PIDE Knowledge Brief from Pakistan Institute of Development Economics
Abstract:
For decades, the topic of economic growth and its prosperity has been the heart of debate all over the world. Without any doubt, technology, investment (in both human and physical capital) and new techniques of production are the growth fundamentals. Due to its power to affect investment and profitability, taxation plays a fundamental role in choices made and ultimately, the pace of development and growth.
Keywords: Higher Taxes; Economic Growth; International (search for similar items in EconPapers)
Pages: 8 pages
Date: 2020
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