Tax Policy Changes and Elections
Tax policy changes announced before or after an election? Which ones are more likely to be implemented?
Such questions are timely given the concerns now being raised in the US business community about various proposed tax changes following the November election.
Using several of our ICRG risk metrics as proxies for institutional quality, a recent piece from the IMF Working Paper series looks at the different macroeconomic effects of unanticipated versus anticipated changes in tax policy.
Have a look when you have a free minute. The findings might provide some solace.
Our data drives.
Dr Christopher McKee, CEO and Owner
The PRS Group Inc./The International Country Risk Guide
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