And an effective means to achieve economic stability taxes

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And an effective means to achieve economic stability taxes

 

 

         

5/25/2015 0:00 

 BAGHDAD - Imad emirate 

developed countries managed to activate the role of taxes successfully on the ground, some of them used the tax as a means to achieve economic stability and the fight against inflation and deflation and has also managed to build a customs wall fortified through the use of protective taxes, and established so Castle economic integrated basis of which the local product support and make it able to International competition and the invasion of the markets, that's what she said «morning» economic expert d. Wafa James Baldwin from the Faculty of Administration and Economy of Mustansiriya University. 

She said, Iraq is no different from developing countries and may be worst-case between these countries because they suffered from the past will deliver its ramifications on the future, The role protectionist tax was not lost on the Iraqi legislature, but the high and high economic vulnerability marginal propensity to consume, which resulted in a high marginal propensity to import, to meet the growing consumer demand in a local production of deplorable conditions and other factors were able to cancel this role. 

She noted that the absence of Lease role of taxes in achieving the goals of sustainable development impact negatively on the performance of taxes for its role economic, and activate Lease role would positively contribute to activating the economic role. 

She continued, impose taxes originally to achieve financial goals, but it may be imposed to achieve the economic goals, and do not use taxes alone to achieve economic targets, but they are used as part of the fiscal and monetary policy which is intended to make changes in the economic situation, pointing out the importance of tax policy coordination with what is intended to follow on public loans and the speed of public spending and the degree and with the decision by the Central Bank of decisions are intended to influence the money supply in the market. 

And went James Baldwin said, is the role the foundation of the tax system in developed countries in achieving economic stability and address the problems of the economic cycle, which represents the most prominent features of modern capitalist economy, and should be starting define the concept of economic stability, it is the concept of compound includes the need to always strive to achieve two main first goal includes the continued operation of the national economy at full employment of economic resources level and then to avoid a recession, while the second objective is to avoid a large and sustained price rises in the general level of prices, ie to avoid inflation occurrence who is also a relative concept to crystallize its relativity through economic stability does not mean the stability of the national economy stable at all at a certain level, it allows changes in the level of economic activity and then prices within certain limits acceptable to the economic and social point level, that the pursuit of full employment of economic resources level, as one of the goals of economic stability, does not mean that the level of operating resources will reach 100 percent, but the intended full operation of economic resources and practical sense allow the existence of an acceptable level of unemployment, the level of unemployment become the cost of social treatment is unacceptable economically and socially, as accompany unemployment big price hikes treatment causing huge social damage, social benefits are due to tackle unemployment, become much less than the social cost caused by inflation appears, The talk about the concept of economic stability requires a need to analyze all of inflationary and deflationary gaps. 

She d. Fulfillment at the end of her speech that the tax affects the national income and public spending, and the nature of the tax base to play a role in the tax sensitivity.

 

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taxes and tariffs are ready to go

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