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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Dr . Wafa James Baldwin: Legislative stability of the most important factors prosperity

    Rocky
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    • Post n°1

    Dr . Wafa James Baldwin: Legislative stability of the most important factors prosperity Empty Dr . Wafa James Baldwin: Legislative stability of the most important factors prosperity

    Post by Rocky Fri 08 Jan 2016, 6:25 am

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     01/06/2016
    The role of taxes in Iraq continue to contribute to push investors towards the employment of their money in Iraq, and for several reasons, for a range of investment climate factors, and comes in the forefront of degradation and deterioration of infrastructure, including electricity, roads, services as well as higher production costs in general, and the competition of imported goods for local production and rampant corruption administrative. If we add to that the possibility of getting rid of taxes raised in front of us showing a group of mostly negative variables.
    On the subject of economic Academy d he said. James Baldwin and fulfillment of the "morning": The possibility of getting rid of raising taxes is one of the positive factors in stimulating investment, these variables need to be a thorough study of each of them to see each variable in pay or hinder investment.
    She James Baldwin: On the other hand, the Iraqi legislature that strives to lift the private sector from the low level, the private sector is also in need of an attractive work environment that enables it to stand on his feet and left the crutches Reclining them (government support).
    She pointed to the possibility of the availability of these conditions, including the political stability it can not be the economic and commercial activity to flourish as you can not to the owners of capital even if they are modest that Agamarwa investment without him, it represents the environment in which availability effectively ensure your participation money and without fear or hesitation.
    She James Baldwin: Then Legislative stability comes because the legislation and laws are the rules for commercial activity in its different forms, pointing at the instability of legislation dither performance, and the investor can determine his steps and an estimate results of its work, what is permissible today may become prohibited tomorrow, or vice versa may occur and therefore not ensure competitive business environment.Experiences of developed countries have proven to Aada including room for doubt that the legislative stability in the prosperity of the most important factors.
    Economic Academy pointed out the need to tackle corruption and nepotism to prevent its impact in terms of growth widened in recent years and seriously makes it difficult to exercise any commercial activity properly in such a climate.
    She stressed that giving priority to the role of the private sector and the areas that are supposed to activity which is practiced through a clear and well thought out for this role, nature and prospects and areas that are supposed to exercise the activity in which the limits, indicating that such a view may be subject to some modifications, alterations in accordance with the conditions of the country and developments, but that change and volatility continuous and sudden shocks in orientation states reflect negatively on economic activity.
    She explained d. James Baldwin that the effects of government activity on the national economy can we touch through tax laws, because the concept of marginal efficiency of investment a related expected profit from such additions carried out by establishments to their assets produced, so it is normal to have employer interest tax affecting profit established.
    Therefore, the amount of investment spending depends on the rate of net revenue, and it can be assumed that taxes lead to reduced investment spending.
    He concluded d. James Baldwin said: but can not provide evidence of a clear relationship between tax rates and investment incentives, because there is no objective measure of the level at which the tax is too high, which affects the investment.
    Should any study on the effects of taxes on investment to address some of the indirect effects, such as entering the Government's policy if Margbt to make changes in that policy, and there is no doubt that such a policy will have implications for aggregate demand effective and thus investment projects earnings.
     


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