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The Political Economy of Taxation in Latin America
About this book
Paying taxes is one of the least popular activities worldwide. Latin America in particular is notorious for having low direct taxes, weak compliance and enforcement, and high levels of inequality. Although fiscal extraction has gained renewed interest among governments in recent years, with the end of the commodity boom adding special urgency, the successful adoption and implementation of tax reforms is easier said than done, even when tax policy prescriptions are widely shared. This volume provides the first comprehensive, region-wide assessment of the role of political factors, including public opinion, democratic institutions, natural resources, interest groups, political ideology, and state capacity. What explains the region's low levels of taxation? What explains the low progressivity in its tax structure? And what explains considerable differences across countries? In addressing these questions, each of the volume's chapters makes original theoretical and empirical contributions toward understanding how to overcome the political challenges to taxation.
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Table of contents
- Cover
- Half-title page
- Title page
- Copyright page
- Contents
- List of Figures
- List of Tables
- List of Contributors
- Acknowledgments
- 1 Introduction: The Political Economy of Taxation in Latin America
- 2 The Political Economy of Oil Taxation in Latin America: Policy Volatility and Untapped Potential
- 3 Economic Growth and Tax Compliance in Latin America: Did the “Good Times” Help to Reduce Tax Evasion?
- 4 Once Bitten, Twice Shy: Path Dependence, Power Resources, and the Magnitude of the Tax Burden in Latin America
- 5 Federalism and Taxation: Periods of Brazilian International Insertion
- 6 Particularistic Political Institutions and Tax Neutrality in Latin America
- 7 Taxing Latin America’s Economic Elites
- 8 Weak Liberalism and Weak Property Taxation in Latin America
- 9 Preferences for Redistribution and Tax Burdens in Latin America
- 10 Conclusion: Addressing Taxation’s Political Challenges
- Index