Politique fiscale et réformes structurelles

Résumé 0

This paper investigates how tax policy could contribute to structural reforms that benefit the Belgium economy. We start by highlighting two facts: Belgian has a low employment rate and a high taxation of labour. The main direction for tax reform should be to reduce the taxation of labour with a targeting on the segments of the labour market that are the most reactive to such a change. The medium term fiscal policy stance clearly requires that such a reform should be at least fully compensated. We suggest a tax shifting to consumption and the integration of external costs in the prices of energy and transport. Base broadening could also contribute in a significant way to the financing of such reforms, while having in itself positive effects on the allocation of resources, so that both the reduction in the taxation of labour and the suggested compensatory measures could contribute to structural reforms in a positive way. JEL Codes: H21, H22, H23, H24, H25