Policy tools, especially tax instruments, can be designed to increase revenues and at the same time protect the poor. The authors' method of estimating the consequences of tax reform shows, for example, that a value-added tax would make Pakistan's tax system more buoyant and reduce the production distortions inherent in Pakistan's current tax system - and not at the expense of the poor.
Policy tools, especially tax instruments, can be designed to increase revenues and at the same time protect the poor. The authors' method of estimating the consequences of tax reform shows, for example, that a value-added tax would make Pakistan's tax system more buoyant and reduce the production...