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What are policymakers waiting for? How trustworthy government can sooth tax instability and expenditure arrears.

Authors :
Arroja, Ricardo
Camões, Pedro J.
Source :
Governance. Apr2022, Vol. 35 Issue 2, p661-671. 11p.
Publication Year :
2022

Abstract

Tax policies and public spending reflect the taking and giving powers of the government. However, when thinking about these, the taking powers of government are perceived as the most prominent. Why is the government's relationship with society seemingly asymmetric in that give and take? What leads to these perceptions? This article's starting point is instability in corporate income taxes and government expenditure arrears as two features of poor fiscal governance associated with lower corporate investment in the market economy. The article then focuses on the political and technical relationships comprising budgetary governance and proposes feasible policy options. These policy options aim toward a path of corporate income tax stability and timely government payments through better balancing the give and take involved in running the government. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
09521895
Volume :
35
Issue :
2
Database :
Academic Search Index
Journal :
Governance
Publication Type :
Academic Journal
Accession number :
155893791
Full Text :
https://doi.org/10.1111/gove.12665