Comparative analysis of the tax burden in EEC countries
Comparative analysis of the tax burden in EEC countries
Author(s): Maria Simona EneSubject(s): National Economy, Supranational / Global Economy, Financial Markets, Fiscal Politics / Budgeting, Socio-Economic Research
Published by: Editura Universitaria Craiova
Keywords: tax burden; tax revenue; gross domestic product; tax; fiscal performance;
Summary/Abstract: This article deals with an analysis of the total tax burden, determined as the ratio of tax revenue to gross domestic product in the CEE countries. The total tax burden reflects the intensity with which revenue is collected from both individuals and corporations or from society as a whole through taxation. It shows how heavy the tax burden is on taxpayers. The tax burden indicator, measuring the total tax load on an economy as a percentage of the gross domestic product (GDP), is a crucial parameter in evaluating the fiscal performance and sustainability of nations. This study presents an analysis of the tax burden in 11 countries over a 10-year period, aiming to assess its implications on national economies. The data reveals that the tax burden varies significantly over time and between different countries, with no single country consistently bearing the highest burden. The study emphasizes the critical role of the tax burden in assessing fiscal efficiency and its significant impact on public finances and the overall economy. In conclusion, this study offers perspectives on the tax burden's dynamic nature and its implications for different economies.
Journal: Revista de Științe Politice. Revue des Sciences Politiques
- Issue Year: 2023
- Issue No: 79
- Page Range: 25-34
- Page Count: 10
- Language: English