* The most likely source of additional revenue in a deficit-reduction plan will be changes to personal income taxes: raising marginal rates, increasing the rate paid on dividends and capital gains, limiting deductions, or some combination of those three.» BY ROBERT LITAN...
In Romania, in the highly complex framework in which the economic activity takes place, in the attempt to show the place held by the budget deficit, a special role is assigned to determine the share of public financial deficit in the consolidated budget revenue and expenditure. Currently, ...
Oil revenue and production cost disconnect and its impact on the environment: Economic globalization in Asia-Pacific economic cooperation countries[J]. Geoscience Frontiers, 2024, 15(3): 101772. DOI: 10.1016/j.gsf.2023.101772 [3] Jiannan Wang, Waseem Azam. Natural resource scarcity, fossil fuel ...
Japan needs a detailed and credible fiscal consolidation plan, including specific revenue increases and measures to control spending to restore its fiscal sustainability. The major concern on the spending side are social spending pressures in... RS Jones,K Fukawa - 《Oecd Economics Department Working...
Republicans to propose significant cuts to entitlement programs like Medicare and Medicaid to help offset revenue losses from tax reductions. Proposed spending cuts may not be enough to fully cover the costs, and this can potentially exacerbate the budget deficit and raise concerns about long-term fi...
The US government is the single largest beneficiary due to lower interest payments on public debt together with seigniorage revenue. Household and corporate borrowers also benefit. But reserve currency status imposes costs on ...
Indian government bonds are a stable source of carry/income. Its high yields, strong ... in insights Multi asset Q1 2025 Outlook: A test of market and economic resilience 22 Jan We enter 2025 being constructive on higher yielding credit and global equities on a ... ...
With that in mind, this report also considers how Trump’s tax policy ambitions—including the extent to which revenue raisers are used to offset the cost of any TCJA extensions and other proposed tax relief—are likely to be shaped by the make-up of the incoming 119th Congress Get in ...
While these results are consistent with the existing literature, the paper finds that revenue-raising measures increased the likelihood of successful consolidation in countries that faced large adjustment needs after the crisis. This reflects the fall in effectiveness of spending cuts when deficit ...
Interestingly, the downgrade highlights a material fiscal issue. It points to a deterioration in the standards of governance and a worsening of government financesas growth slows, especially because any bipartisan efforts to address the secular rise on US government debt remains elusive. The Congression...