Guide The Damage Done

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In this paper, we discuss some of the concerns about relying too much on discretionary policy, highlighting opportunities to make greater use of automatic fiscal stabilization. Automatic stabilizers are designed to expand during an economic downturn and contract during an expansion—providing timely and temporary fiscal stimulus.

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This paper assesses the various policy responses available to the federal government and argues that when well designed, automatic stabilizers can be an effective part of the policy tool kit for responding to recessions. Report Produced by The Hamilton Project. Related Topics U.

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But the thriving informal markets across the Global South are testimony that something is rotten in the State of Tax Collection. Governments need to clean up their own houses, and provide quality public services, for an effective challenge to tax avoidance to stand a chance. Stephanie Boyd is a Canadian filmmaker and journalist living in Peru. Her most recent film, Karuara, People of the River , is about the Amazon. This article is from the December issue of New Internationalist.

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Tax avoidance: the damage done. Tax avoidance has some of its most pernicious effects in the Global South. Stephanie Boyd reports from Peru. Help us produce more like this Patreon is a platform that enables us to offer more to our readership. X New Internationalist is a lifeline for activists, campaigners and readers who value independent journalism. Related Articles.

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