Multiplier Scoring

The world trade multiplier, though less widely recognized, helps to explain why the growth deceleration has been so widespread and persistent.

Such a tax would not have prevented the US China trade imbalance.

The cap and trade system thus imposes a carbon tax without having to admit that it is really a tax.

A multiplier of two would generate 480 billion of extra spending, compared to a multiplier of one, which would generate just the initial 240 billion.

Higher exports would not only have yielded directly higher revenues they would have had a multiplier effect on the domestic economy as well, thereby increasing consumption tax revenues.

A multiplier of two would generate 480 billion of extra spending, compared to a multiplier of one, which would generate just the initial 240 billion. If the multiplier is zero, as conservative minded economists believe, there will be no effect on output, only on prices.

An adequate assessment of this capacity requires looking at its multiplier effects.

By contrast, the fiscal multiplier was seriously underestimated as the WEO has now recognized.

Estimates vary from a multiplier of about two all the way down to zero.

President Barack Obama has deployed the confidence multiplier and claims to have contained the recession.

Tax reform.

Tax reform

It started on tax reform a 'flat' income tax, a single regressive social tax, a ban on the turnover tax, etc.

And if taxes target the rich, and spending targets the poor, the multiplier can be especially high.

All for One Tax and One Tax for All?

A tax called a death tax is regarded very differently from a tax called an inheritance tax, even though the two are really identical.

There's a fine line between tax minimisation and tax avoidance.

There's a fine line between tax minimization and tax avoidance.

Finally, after major reforms of state owned enterprises (SOEs) and the tax system, China acceded to the World Trade Organization in 2001.

An Inequality Tax

Evading Tax Evasion

Tax Justice Reconsidered

Tax the Oligarchs

Half of tax revenue is collected with a value added tax, which is essentially a tax on consumption.

The tax inspectorate has changed the procedure for sending tax assessment notices.

The Spanish government, for example, could have met Spain s building boom and foreign trade deficit with tax increases or by urging domestic wage restraint.

That is in addition to explicit tax hikes on income, capital gains, and dividends, the implicit ones on energy via cap and trade, etc.

President de la Rúa countered the terms of trade and interest rate shocks from abroad with domestic tax increases, even as the economy contracted.

Japan s Tax Hike Test

Tax and spend (Please)

The Corporate Tax Conundrum

The price includes tax.

This amount includes tax.

Please pay the tax.

If the multiplier is zero, as conservative minded economists believe, there will be no effect on output, only on prices.

The issue is not free trade versus protectionism, but smart trade versus polarizing trade.

Free trade agreements do not ensure free trade.

Consider trade.

International trade

huge trade deficits have persisted since Ronald Reagan's misguided tax cuts of 1981 converted America from the world's largest creditor into the world's largest debtor.

This can include broadening the tax base, reducing tax avoidance and evasion, improving tax collection, and developing new, cooperative international taxation strategies.

For example, we can choose how much to collect via a general income tax, a payroll tax, a consumption tax (such as a sales or value added tax), and so on.

In France, unemployment contributions are collected through a payroll tax, not a layoff tax.

Lowering the tax burden on firms including the payroll tax would also be useful.