Tax expenditures are preferential tax treatments granted to specific individuals or categories of households which aim at achieving social and economic goals. They are widely used by EU Member States. However, their fiscal and equity impacts are not always clear and their effectiveness and...

Government plans to gradually but completely phase-out the Universal Social Charge, one pillar of the current personal income tax system, face an evident trilemma: how to continue to generate revenue and maintain progressivity without imposing distortionary high marginal tax rates? The brief...