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-wage earners would make inroads into poverty and inequality while encouraging formal work. This paper accompanies and extends the … that balances goals of reducing poverty, encouraging employment and fiscal sustainability. Using the OECD’s Tax-Benefit and … revenues and increase inequality, by reducing the progressivity of the personal tax system. A proposed reform package that …
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Japan’s gross government debt of 226% of GDP in 2018 is the highest ever recorded in the OECD area, and places the economy at risk. The government now aims to achieve a primary surplus by FY 2025. Additional fiscal consolidation, based on a detailed plan covering specific spending cuts and tax...
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