Series: IMF Staff Position Notes
Author(s): Steven Symansky , and Thomas Baunsgaard
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 28 September 2009
Keywords: Fiscal stability, macroeconomic stabilization, personal income tax, income tax, taxes, fiscal policy, tax rates
This paper discusses how to enhance automatic stabilizers without increasing the size of government. We distinguish between permanent changes in the parameters of the tax and expenditure system (e.g., changes in ta...