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Tax policy in (and for) hard times

Kean, M., (2013), “Tax policy in (and for) hard times”, VoxEU, 16 Οκτωβρίου.

Tax policy, like everything else, has been through tough times since the onset of the crisis. First, tax policy was to stimulate the economy (Heady 2011). Now it is to help consolidate the fiscal position – always with considerable urgency and all in the midst of public anger and disquiet.

What state has all this left our tax systems in? In the latest Fiscal Monitor (IMF 2013), my colleagues and I take a close look.

 

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