Abstract:This paper attempts to evaluate the impact of individual types of taxes on economic growth by utilizing regression analysis. The paper is based on entrepreneurs complains on the taxes imposed by the Liberia Revenue Authority (LRA), qualifying some of them as arbitrary. Wolokolie, MBA, CFE, CA, CPA, CFIP, CTP, PhDKey words: Taxes, Liberia Revenue Authority, Economic Growth. Since economic growth is one of the fundamental economic objectives of the economic policy makers and it is the basic assumption of fulfilling other social objectives, the following can be stated resulting from this paper. In their effort to stimulate economic growth, countries like Liberia should try to lower taxation rate in the case of corporate taxation, personal income taxes and social security contributions.
Source: Front Page Africa June 12, 2020 07:30 UTC