Income Tax Collection and its Impact on the Budget - Wladimir García - Bog

Tax collection is directly associated with the generation of public resources. Income tax is levied on the generation of benefits by taxpayers who make economic life in the country. Its collection level is an indication of the level of prosperity. The purpose of this paper is to determine the reasons why income tax is not the main source of public revenue in the country, through the vision of undergraduate and graduate students of taxation, together with the available doctrine and economic data from various sources. Among the conclusions, it can be seen that the main reasons are associated with the decrease in the Gross Domestic Product, technological outdatedness, the effects generated by inflation and the lack of compliance propensity on the part of taxpayers.