The importance of tax revenues on economic indicators - a comparative analytical research (Malaysia and the Republic of Iraq)

Document Type : Original Article

Author

Faculty of Law - Mansoura University

Abstract

The research dealt with the impact of tax on economic variables in both "Malaysia and the Republic of Iraq," where we shed light on the Malaysian and Iraqi economy by specifying the period of research, which is before independence and far away, and we found that Malaysia has resorted to taxes as a second type of revenue to contribute to achieving economic growth and thus achieving development in All aspects of importing, exporting, and increasing the local gross domestic product in addition to the most important thing is foreign investment, while the tax in Iraq came in the opposite way to the above, as it hardly covers expenditures in the budget and does not depend on it as a general revenue that would feed the general budget and its dependence on oil revenues mainly, neglecting Iraq to the tax and not its contribution to the Iraqi economy has led to the failure to move the wheel of progress of the Iraqi economy forward, due to several obstacles, including the rotation of oil market prices.