nep-pub New Economics Papers
on Public Finance
Issue of 2007‒07‒20
one paper chosen by
Kwang Soo Cheong
Johns Hopkins University

  1. Tax revenues in the European Union: Recent trends and challenges ahead By Carone, Giuseppe; Nicodème, Gaëtan; Schmidt, Jan

  1. By: Carone, Giuseppe; Nicodème, Gaëtan; Schmidt, Jan
    Abstract: The governments of the European Union are facing important challenges that may impact both their need and their capacity to collect taxes. First, ageing will increase some social spending while reducing the potential of some tax bases such as labour. Second, globalisation has the potential to increase the mobility of capital and of high-skilled workers, making it more difficult to rely on them as a source of revenues. Finally, the desire to shift tax away from labour and to make work pay while retaining the social models will force Member States to find alternative robust tax bases. This paper reviews the most recent trends in taxation in the European Union and discusses several tax policy issues in the light of those coming challenges.
    Keywords: Taxation; Welfare State; European Union; ageing; globalisation
    JEL: H20 H50 H10
    Date: 2007–07–11

This nep-pub issue is ©2007 by Kwang Soo Cheong. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
General information on the NEP project can be found at For comments please write to the director of NEP, Marco Novarese at <>. Put “NEP” in the subject, otherwise your mail may be rejected.
NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.