Tax and Welfare Reforms in the Czech Republic-Structural Implications and Challenges /

The paper provides an analysis and discussion of key structural implications of the 2007 and 2008 welfare and tax reforms in the Czech Republic. Based on a detailed micro-study of marginal and average effective tax rates for individuals at various points along the earnings curve, it concludes that w...

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Detalhes bibliográficos
Autor principal: Dalsgaard, Thomas
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2008.
Colecção:IMF Working Papers; Working Paper ; No. 2008/052
Acesso em linha:Full text available on IMF
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245 1 0 |a Tax and Welfare Reforms in the Czech Republic-Structural Implications and Challenges /  |c Thomas Dalsgaard. 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a The paper provides an analysis and discussion of key structural implications of the 2007 and 2008 welfare and tax reforms in the Czech Republic. Based on a detailed micro-study of marginal and average effective tax rates for individuals at various points along the earnings curve, it concludes that while incentives to save and invest have improved, work incentives are being severely hampered by high marginal effective tax rates for low- and middle income individuals. The reforms also fail to address the most pressing fiscal concern: to put government finances on a sustainable path. 
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830 0 |a IMF Working Papers; Working Paper ;  |v No. 2008/052 
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