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Progressive Taxation in Romania - An Analysis by Scenarios

Author

Listed:
  • Alina Georgeta Ailinca

    ("Victor Slăvescu" Centre for Financial and Monetary Research, Romania)

Abstract

The regional geopolitical tensions, the changes in the regional markets of energy products and food that led to the increase of prices and the stagnation of economic growth at the level of the European Union highlighting the need to review the management of public policies. Thus, under the pressure of growing public and private debts, under the pressure of budget deficits, the fiscal policies of the EU27 states often have the unpleasant task of making substantial reforms of the taxation systems. Therefore, the article proposes the construction of a series of scenarios regarding the possibility of returning to the progressive taxation of the payroll tax in Romania. The article tries to highlight the advantages and where benefits can intervene for the structure of the national budget starting from the analysis of a series of scenarios regarding the progressive taxation of salaries and proposals are outlined in this regard.

Suggested Citation

  • Alina Georgeta Ailinca, 2024. "Progressive Taxation in Romania - An Analysis by Scenarios," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 2-11, August.
    • Handle: RePEc:ovi:oviste:v:xxiv:y:2024:i:1:p:2-11
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    File URL: https://stec.univ-ovidius.ro/html/anale/RO/2024i1/Section%201%20and%202/1.pdf
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    References listed on IDEAS

    as
    1. Boris Cournède & Antoine Goujard & Álvaro Pina, 2014. "Reconciling fiscal consolidation with growth and equity," OECD Journal: Economic Studies, OECD Publishing, vol. 2013(1), pages 7-89.
    2. Ericsson, Neil R., 2017. "How biased are U.S. government forecasts of the federal debt?," International Journal of Forecasting, Elsevier, vol. 33(2), pages 543-559.
    3. Kawai, Masahiro & Maccini, Louis J, 1995. "Twin Deficits versus Unpleasant Fiscal Arithmetic in a Small Open Economy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 27(3), pages 639-658, August.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    salary tax; income inequality; personal income tax; progressiveness;
    All these keywords.

    JEL classification:

    • H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
    • H24 - Public Economics - - Taxation, Subsidies, and Revenue - - - Personal Income and Other Nonbusiness Taxes and Subsidies
    • H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household

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