The Czech Republic has over the past decade carried out two waves of tax and benefit reforms. The first one took place in 2005–2006 during the left-wing government and the second one has been carried out in 2008 by the right-wing government. Using EUSILC data for selected types of households, the paper assesses changes in the distribution of gross incomes and effects of the changes in taxes and...

Toder for helpful comments. The findings and conclusions contained within are solely the responsibility of the authors and do not necessarily reflect positions or policies of the Tax Policy Center or its funders. ii ABSTRACT We examine how tax policies alter investment incentives, with a particular focus on startup and innovative businesses. Consistent with prior work, we find that existing pol...

I n the past decades, the effect of different tax amendments on various economic issues has been studied. The majority of these studies have avoided considering shadow economy as part of the calculation and analysis, and an issue, which has received little attention, is the relationship between green tax reforms and shadow economy, as for informal labor, which is well-connected to un...

In 1999, foreign direct investment in China was $40.4 billion, a sharp drop from the $45.6 billion of FDI in 1998. Government officials and economic analysts have voiced concerns about a further contraction of FDI and about the economic consequences associated with such a contraction. The substantial concessions—for example, over foreign equity holdings in the service sector—the Chinese governm...