01654cas a2200241 a 4500 AALejournalIMF004923 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451869149 1018-5941 BD-DhAAL BD-DhAAL Dalsgaard, Thomas. Tax and Welfare Reforms in the Czech Republic-Structural Implications and Challenges / Thomas Dalsgaard. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (52 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The paper provides an analysis and discussion of key structural implications of the 2007 and 2008 welfare and tax reforms in the Czech Republic. Based on a detailed micro-study of marginal and average effective tax rates for individuals at various points along the earnings curve, it concludes that while incentives to save and invest have improved, work incentives are being severely hampered by high marginal effective tax rates for low- and middle income individuals. The reforms also fail to address the most pressing fiscal concern: to put government finances on a sustainable path. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2008/052 Full text available on IMF http://elibrary.imf.org/view/journals/001/2008/052/001.2008.issue-052-en.xml IMF e-Library