The article presents an analysis of the macro-economic effects of increasing revenue through three different tax instruments, namely, a carbon tax, a lump sum tax and taxes on income, in Ireland. According to the results, an increase in taxes on income would result in the reduction of gross...
Raising tobacco taxes to increase cigarette prices could reduce cigarette consumption and smoking-associated deaths (SADs) in all 28 EU countries, according to a study published in the open access journalBMC Public Health. In higher income countries, raisingtobacco taxescould increase revenues that cou...
What is the impact of positive externality on the working of a market? What are the negative effects of a trade deficit? What is the significance of the real wage as it relates to inflation? What would be the effect of the elimination of payroll taxes on worker wages? What are some...
Raising taxes to reduce smoking prevalence in the US: A simulation of the anticipated health and economic impacts To estimate health and economic outcomes of raising the excise taxes on cigarettes. We use a dynamic computer simulation model to estimate health and econo... S Ahmad,GA Franz - 《...
The U.S. government continues to spend more than it gets in revenue to offer services and expand public programs that voters want. By increasing spending, it avoids raising taxes. What Effect Does a Deficit Have on the Economy? Some economists argue that government spending revives and drives ...
The Impact on Inequality of Raising the Minimum Wage: Gap‐narrowing and Reranking Effects Raising the minimum wage may reduce inequality by increasing the wages of low-skill workers, but it may also increase inequality due to negative impacts on... DF Angel-Urdinola,Q Wodon - 《Labour》 ...
We investigate the effect of higher prices of energy and lower nominal wages — as a result of the shift in taxes away from labour — on employment, as well as the consequences on investment and productivity. The model used is a dynamic investment model based on a putty-clay vintage ...
The government can work to cut back the budget deficit by using its fiscal policy toolbox to promote economic growth, such as scaling back government spending and raising taxes. What Causes a Budget Deficit to Improve? Budget deficits, reflected as a percentage ofGDP, may decrease in times of...
like raising hotel taxes,or even changing admission to some public squares.The idea is to discourage at least some visitors,as well as to pay for cleaning up the mess. 65.___ For many poorer countries,tourism may still offer the best hope for development.The Vietnamese are doing their ...
predictorofnon-Keynesianeffects.Finally,thecompositionofthefiscalimpulsematters:thenon-Keynesianeffectsofalargefiscalcontractionareamplifiedwhenthisiscarriedoutprimarilybyraisingtaxes.Keywords:Fiscalpolicy,nationalsaving,contractionaryfiscalexpansionsJELClassification:E21,E62,H31Financialsupportforthispaperhasbeenprovidedby...