The Role of National Direct Taxation in Ensuring Macroeconomic Stability and Public Finance Sustainability

This paper investigates the structural significance of direct taxation—specifically Corporate Income Tax (CIT) and Personal Income Tax (PIT)—in the formation of state financial resources. In the context of global economic shifts, the stability of public finance relies heavily on the elasticity and reliability of tax revenues. Through a quantitative analysis of fiscal indicators, this study demonstrates that direct taxes serve not only as a revenue generator but also as a fundamental tool for wealth redistribution and counter-cyclical economic regulation. The findings suggest that a robust direct tax framework reduces budget volatility and strengthens the sovereign credit rating of a nation.

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