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Tax Evasion, Tax Policies and the Role Played by Financial Markets

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Figure

Figure 1: Informal output share from Schneider (2010), ’Paying Taxes’ rank from DoingBusiness Database, total tax rate, tax revenue and FD (domestic private credit to GDPratio) from the World Bank website.
Figure 2: Effect of increasing FD
Figure 3: Effect of increasing enforcement
Figure 4: Effect of increasing the tax rate (τ)
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