How taxes affect gdp

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How Taxes Affect GDPHOW THE CHANGE IN TAX SYSTEM AFFECT THE GDP OF THE COUNTRYby Student’s NameCode + Course NameProfessor’s NameUniversity NameCity, StateDateHow Taxes Affect GDPiiAbstractTax systems and policies across the world are diverse in their objectives. Economic growththeories and models have sought to identify ways in which economic activities influence futureeconomic development. While other factors have been given considerable attention byresearchers and economists, the effect of tax systems on economic growth is a narrowlyresearched topic. This paper therefore seeks to find out how tax systems affect the GDP ofcountries. It presents a literature review of empirical studies in the area as well as the theoreticalfoundations of its argument. The paper collects data for the study from documents showing thetax systems and GDP of 46 European countries from 1999 to 2019. Data is analyzed using SPSSand presented in form of tables and figures for analysis. Findings reveal that there was a negativerelationship between progressivity of taxation systems that was not statistically significant. Italso found out that there was a negative and significant relationship between taxation rates andeconomic growth.How Taxes Affect GDPiiiTable of ContentsAbstract …………………………………………………………………………………………………………………………. iiChapter One: Background……………… … Purchase document to see full attachment

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