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FISCAL DRAG

Statistics Directorate    
Definition:
Fiscal drag is the (endogenous) effect of changes in economic activity and incomes on tax revenues due to the progessivity of the tax system.

Source Publication:
The OECD Economic Outlook: Sources and Methods.

Hyperlink:
http://www.oecd.org/eco/outlook/sources-and-methods.htm

Statistical Theme: Financial statistics - Government finance and taxation statistics

Created on Tuesday, September 25, 2001

Last updated on Friday, March 28, 2014