say a SA says micro policy to promote growth in recovery;
obvously must be ST-medium term.. eg include
tax reforms: ie gst replace wholsales + 9 state indirect taxes decrases bus cost increase Supply + Xs
industry assistance: subsidies pretty much increase Xs
just that some ie tax is similar to fiscal policy: who do u differentiate fiscal tax to micro tax.. is fiscal just the level of tax, ie increase tax levels.... n micro is reform to them ie streamline family allowances n coordinate welfare assistance n tax
cause micro main features:
deregulation - LTish
nat comp - LTish
tax - S-M term
labour - all S-L term
PTE - MT
trade - protection n assistance
so mainly what im asking is about the tax thing.
obvously must be ST-medium term.. eg include
tax reforms: ie gst replace wholsales + 9 state indirect taxes decrases bus cost increase Supply + Xs
industry assistance: subsidies pretty much increase Xs
just that some ie tax is similar to fiscal policy: who do u differentiate fiscal tax to micro tax.. is fiscal just the level of tax, ie increase tax levels.... n micro is reform to them ie streamline family allowances n coordinate welfare assistance n tax
cause micro main features:
deregulation - LTish
nat comp - LTish
tax - S-M term
labour - all S-L term
PTE - MT
trade - protection n assistance
so mainly what im asking is about the tax thing.