DIRECT TAXATION TRENDS IN EUROPEAN UNION AND ROMANIA, THE INFLUENCE OF DIRECT TAXATION ON BUDGET DEFICIT

IBADULA Birol, University of Economic Studies, Bucharest, Romania

VLAD Cristina, University of Economic Studies, Bucharest, Romania

IONITA Claudiu, University of Economic Studies, Bucharest, Romania

Abstract:
The purpose of this paper is to present the direct taxation system and its development in the European Union and Romania. In the first part, we presented theoretical issues related to European tax policy and tables that include EU Member States tax revenues as per 2004 - 2013 period average and charts based on these data. In the second part we built an econometric model based on a simple linear regression, the dependent variable is the budget deficit and the direct tax revenues expressed as a percentage of GDP as independent variable.

Keywords: direct taxation, fiscal policies, budget deficit

JEL Classification: H20, H30, H62

Volume: 69, Issue: 4

Pages: 118 - 128

Publication date: November, 2017

Download the article: http://economice.ulbsibiu.ro/revista.economica/archive/69411ibadula&vlad&ionita&brezeanu.pdf

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