In both high- and low-income countries, taxes are the main source of government
revenue. They fund roads, schools, and social programmes. But the average tax-to-
GDP ratio in a developing country is less than half of the ratio in the global north.
Oyebola Okunogbe tells Tim Phillips about the...
Published 05/29/24
Inequality is high in many LMICs, and progressive taxation is a policy tool that would reduce it. But would a personal income tax or a consumption tax redistribute in the same way as in a high-income country? Lucie Gadenne of Queen Mary University of London and the IFS tells Tim Phillips that one...
Published 05/22/24