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School of Economics Discussion Papers, University of Kent >
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http://hdl.handle.net/10419/50575
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| Title: | | Tax policy for economic recovery and growth  |
| Authors: | | Heady, Christopher Johansson, Åsa Arnold, Jens Brys, Bert Vartia, Laura |
| Issue Date: | | 2009 |
| Series/Report no.: | | School of Economics discussion papers 09,25 |
| Abstract: | | This paper identifies tax policy that both speeds recovery from the current economic crisis and contributes to long-run growth. This is a challenge because short-term recovery requires increases in demand while long-term growth requires increases in supply. As short-term tax concessions can be hard to reverse, this implies that policies to alleviate the crisis could compromise long-run growth. The analysis makes use of recent evidence on the impact of tax structure on economic growth to identify which growth-enhancing tax changes can also aid recovery, taking account of the need to protect those on low incomes. |
| Subjects: | | taxation tax design tax policy economic growth economic recovery |
| JEL: | | H20 H30 O40 |
| Document Type: | | Working Paper |
| Appears in Collections: | | School of Economics Discussion Papers, University of Kent
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