Revenue Buoyancy and its Fiscal Policy Implications
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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Tax receipts surged between 2005 and 2007 in many OECD countries, resulting in significant improvements in headline fiscal positions. As a consequence, pressures for tax cuts and for public spending increases have emerged. In the past, responding to such demands has permanently weakened budget positions as revenue windfalls ultimately proved to be...
