Taxation is the only practical means of raising revenue to finance government spending on the goods and services that most of us demand. Setting up an efficient and fair tax system is, however, far from simple, particularly for developing countries that want to become integrated into the international economy.
Taxation can have important effects on many parts of the economy. On the show today, we look specifically at the impact of its changes on Business profitability and citizens' welfare and how it can be measured and handled. To discuss this with us is Professor of Economics, Martin Ike-Muonso.
Martin is the Chief Executive Officer of The IGR Initiative and also the Managing Director of ValueFronteira Limited. Over the last two decades, Martin has focused on supporting organizations and the public sector with revenue expansion and performance transformations.