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Posts by Emmanuel Thomas

Paying Attention to Tax Buoyancy

15/10/2019

(Coauthored with Lekha Chakraborty) 
 
Often, fiscal stimulus is launched through the tax side than expenditure side, assuming that the buoyancy of the former will ensure minimum fiscal slippage, while shoving the economy out of a glut. The general idea is that a reduction in rates will increase the ...
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