“…This link may be influenced by the industry, the economic cycle and the economic development level (Fang, H., Yu, L., Hong, Y, Zhang, 2019). The consumption tax rate growth generates a raise or a decrease in the GDP growth rate, depending on the monetary policy (Kaneko, A., Matsuzaki, 2009). Labour income tax rates and economic growth have a negative link (Angelopoulos, K., Economides, G., Kammas, 2007).…”