How can politicians finance their political promises?
Politics versus the reality of the tax system
Online
How can politicians finance their political promises?
Politics versus the reality of the tax system
Online
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The recent elections in the UK and in France have shown yet again that politicians make great promises of increased spending to gather votes. However, politicians are usually relatively silent or very vague on how to finance these political wishes. At some point, reality will set in.

This clash between wishful thinking and fiscal reality is covered in this session. We discuss 1) how governments fund their expenses via taxes, 2) the issues with taxing income versus corporations versus consumption, 3) and the managerial implications of the expected fiscal response to budget deficits.

This session will be of interest to business leaders from around the world and will view this topic from a global perspective.


DATE AND TIME
Monday, October 07, 2024
3:00 p.m. - 4:15 p.m.
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