The Tax Burden CalculationA critical view of the simplistic methods used in calculating the tax burden that supports an economy.Wednesday, January 5, 2011
When analyzing a tax reform proposal, the first argument considered is what is the percentage of taxes collected by the state in relation to the Gross Domestic Product (GDP) of the country. Source: elfinancierocr.com ¿Busca soluciones de inteligencia comercial para su empresa?The Unstoppable Public DebtSeptember 2018 "Public debt in terms of simple average for the Central American region will continue growing, reaching 43.1% of GDP in 2018, after having registered 42.5% in 2017." Tax Burden is Growing in Central AmericaAugust 2017 The tax burden grew from 13.4% in 2013 to 14% in 2016, both due to the delayed effect of the tax reforms in Honduras and Nicaragua, as well as better management on the part of tax entities in Guatemala and Panama. A New Fiscal Agenda for GuatemalaJanuary 2016 In the opinion of the Central American Institute of Fiscal Studies, the only way to consolidate public finances in a sustainable way is to reduce tax breaks and increase tax collections. International Bureaucrat Promotes Greater TaxationApril 2011 An international bureaucrat, whose salary is exempt from paying taxes, is one of the main supporters of tax increases in Costa Rica.
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