GMTR ANALYSIS CREATE OPTIMAL ECONOMIC GROWTH

Yossinomita Yossinomita (Universitas Dinamika Bangsa)
Febby Nanda Utami (Universitas Dinamika Bangsa)
Vivi Usmayanti (Universitas Dinamika Bangsa)
Effiyaldi Effiyaldi (Unversitas Dinamika Bangsa)
Yuni Zuliawati (Universitas Dinamika Bangsa)
Ikrima Khairunnisa (Universitas Dinamika Bangsa)

Jurnal Akuntansi dan Pajak
Vol 23, No 2 (2023): JAP : Vol. 23, No. 2, Agustus 2022 - Januari 2023

Laffer curve theory is applied in this study using an endogenous growth model supported by production or utility-related taxes. Estimated tax rates that maximize economic growth can be determined by modeling the relationship between taxes and economic growth. The maximum level of this model is known as the growth maximizing tax ratio (GMTR). The results of Ordinary Least Square (OLS) based on the magnitude of the regression coefficient show that the GMTR, which creates optimal Indonesian economic growth, is 12.00%.