What Can 6 Countries Tell Us About Tax Reform?
There are few issues more politically contentious than tax reform. Any government effort to increase domestic revenues risks stirring up opposition. In the years leading up to the COVID-19 pandemic, high fiscal deficits and already high and rising debt levels made improving domestic revenue mobilization (DRM) a priority. It has become even more urgent with the drop in tax revenue due to the onset of the pandemic and growing demands for spending on everything from health sector capacity building to climate change mitigation.