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Table 4 Fiscal reform effects on government revenue (a) (percentage point change with respect to the benchmark)

From: The effect of payroll taxes on employment and wages under high labor informality

  Reform scenario A Reform scenario B
Total revenue −0.32 −0.31
 Value-added tax 0.23 0.19
 Corporate income tax 0.12 0.21
 Payroll (CSI) tax −0.67 −0.71
  1. Notes:
  2. (a)As a share of GDP.