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Is It Time to Export the U.S. Tax Model to Latin America?

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  • John Schmitt

Abstract

There is a widespread view that high tax rates impede economic growth. This has certainly not been true in the United States. This economist argues that having a tax system akin to the one in the United States would enable countries in Latin America to spend on public investment in education, transportation, and health that is required for growth. Will high tax rates hurt growth?

Suggested Citation

  • John Schmitt, 2005. "Is It Time to Export the U.S. Tax Model to Latin America?," Challenge, Taylor & Francis Journals, vol. 48(3), pages 84-108.
    • Handle: RePEc:mes:challe:v:48:y:2005:i:3:p:84-108
    DOI: 10.1080/05775132.2005.11034293
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    Cited by:

    1. Guillermo E. Perry & William F. Maloney & Omar S. Arias & Pablo Fajnzylber & Andrew D. Mason & Jaime Saavedra-Chanduvi, 2007. "Informality : Exit and Exclusion," World Bank Publications - Books, The World Bank Group, number 6730.
    2. Christian E. Weller & Manita Rao, 2008. "Can Progressive Taxation Contribute to Economic Development?," Working Papers wp176, Political Economy Research Institute, University of Massachusetts at Amherst.
    3. Carlos Bethencourt & Lars Kunze, 2017. "Temptation and the efficient taxation of education and labor," Metroeconomica, Wiley Blackwell, vol. 68(4), pages 986-1000, November.

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