TAXATION; A STIMULUS TO ECONOMIC GROWTH IN NIGERIA (1985-2016)

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ABSTRACT

This paper employs time series data 1985-2016 in carrying out this work basically using OLS method to empirically examine the impact of National tax in stimulating economic growth in Nigeria. The study reveals that there are various challenges facing fiscal policy and tax implementation in Nigeria and that an appropriate method of tax implementation will increase the revenue of the country thereby accelerating economic growth. This paper submits that the tax collection mechanism used by tax officials must be free from corruption and embezzlement. If this is not done the revenue collected many not reach the desired point

Key Words: Fiscal Policy, Taxation, Economic Growth.

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