Hasan, Dr. Syed Akif and Subhani, Muhammad Imtiaz and Osman, Ms. Amber (2012): Fiscal Deficit cannot be reduced by increasing Taxes (A point to ponder from Pakistan). Forthcoming in: American Journal of Scientific Research
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In Pakistan the budget deficits have consistently at increasing trend from 1995 to onwards which is being financed by the governments of now and then through external and domestic borrowing which are resulting a high debt levels due to high interest cost associated with it and this all pave the way for an increase in forthcoming taxes levy by the government time to time. This paper is an empirical investigation of the proposition that Fiscal deficit cannot be reduced by increasing taxes. The finding reveals that an increase in taxes is not the better choice for tackling the jinni of fiscal deficit.
|Item Type:||MPRA Paper|
|Original Title:||Fiscal Deficit cannot be reduced by increasing Taxes (A point to ponder from Pakistan)|
|English Title:||Fiscal Deficit cannot be reduced by increasing Taxes (A point to ponder from Pakistan)|
|Keywords:||Fiscal deficit, Tax Collection, Error correction model (ECM), ADF unit root test|
|Subjects:||E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, Macroeconomic Policy, and General Outlook > E62 - Fiscal Policy|
|Depositing User:||Muhammad Imtiaz Subhani|
|Date Deposited:||02. Jan 2012 15:54|
|Last Modified:||12. Feb 2013 15:35|
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