Can progressive taxation contribute to human development?
This paper aims to understand and quantify the impact of taxation on the Human Development Index. The countries considered for this research are members of the European Union and the period overviewed is 2011-2019. According to the computation of the data relevant to this research, progressively tax...
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| Format: | Article |
| Language: | English |
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Institutul de Studii Financiare
2022-11-01
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| Series: | Revista de Studii Financiare |
| Subjects: | |
| Online Access: | https://revista.isfin.ro/2022/11/07/can-progressive-taxation-contribute-to-human-development/ |
| _version_ | 1811307754859528192 |
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| author | Marcus-Radu Man Sorana Vătavu |
| author_facet | Marcus-Radu Man Sorana Vătavu |
| author_sort | Marcus-Radu Man |
| collection | DOAJ |
| description | This paper aims to understand and quantify the impact of taxation on the Human Development Index. The countries considered for this research are members of the European Union and the period overviewed is 2011-2019. According to the computation of the data relevant to this research, progressively taxed countries have a higher Human Development Index than the ones that practice a flat tax system. Subsequently, the income tax as a share of GDP is also at a much higher rate in progressively taxed countries than in flat-taxed countries. Additionally, countries in the European Union that have a progressive taxed system also collect more taxes as a share of GDP than the countries that have a flat tax system. Ultimately, this paper aims to reinforce the need for the European Union’s member states that do not have a progressive taxed system to transition to one in order to have a fairer tax system that leads to a higher value of the Human Development Index and higher governmental revenues. |
| first_indexed | 2024-04-13T09:11:20Z |
| format | Article |
| id | doaj.art-75119c2799e3421bb5cd97ad957e0fb9 |
| institution | Directory Open Access Journal |
| issn | 2537-3714 2559-1347 |
| language | English |
| last_indexed | 2024-04-13T09:11:20Z |
| publishDate | 2022-11-01 |
| publisher | Institutul de Studii Financiare |
| record_format | Article |
| series | Revista de Studii Financiare |
| spelling | doaj.art-75119c2799e3421bb5cd97ad957e0fb92022-12-22T02:52:53ZengInstitutul de Studii FinanciareRevista de Studii Financiare2537-37142559-13472022-11-0171313214510.55654/JFS.2022.7.13.10Can progressive taxation contribute to human development?Marcus-Radu Man0Sorana Vătavu1West University of Timisoara, TimisoaraWest University of Timisoara, TimisoaraThis paper aims to understand and quantify the impact of taxation on the Human Development Index. The countries considered for this research are members of the European Union and the period overviewed is 2011-2019. According to the computation of the data relevant to this research, progressively taxed countries have a higher Human Development Index than the ones that practice a flat tax system. Subsequently, the income tax as a share of GDP is also at a much higher rate in progressively taxed countries than in flat-taxed countries. Additionally, countries in the European Union that have a progressive taxed system also collect more taxes as a share of GDP than the countries that have a flat tax system. Ultimately, this paper aims to reinforce the need for the European Union’s member states that do not have a progressive taxed system to transition to one in order to have a fairer tax system that leads to a higher value of the Human Development Index and higher governmental revenues.https://revista.isfin.ro/2022/11/07/can-progressive-taxation-contribute-to-human-development/taxationflat taxprogressive taxhuman development indexincome tax |
| spellingShingle | Marcus-Radu Man Sorana Vătavu Can progressive taxation contribute to human development? Revista de Studii Financiare taxation flat tax progressive tax human development index income tax |
| title | Can progressive taxation contribute to human development? |
| title_full | Can progressive taxation contribute to human development? |
| title_fullStr | Can progressive taxation contribute to human development? |
| title_full_unstemmed | Can progressive taxation contribute to human development? |
| title_short | Can progressive taxation contribute to human development? |
| title_sort | can progressive taxation contribute to human development |
| topic | taxation flat tax progressive tax human development index income tax |
| url | https://revista.isfin.ro/2022/11/07/can-progressive-taxation-contribute-to-human-development/ |
| work_keys_str_mv | AT marcusraduman canprogressivetaxationcontributetohumandevelopment AT soranavatavu canprogressivetaxationcontributetohumandevelopment |