Özet:

In this study fiscal drag phenomena, which has limitedly been discussed in academic level, was analyzed for the Turkish economy. In the analyzes including more than a quarter of a century, the interaction between income tax, inflation and growth variables were first reviewed separately with their historical backgrounds; then the possible projections between each other were tried to be questioned by using the tables. In this relatively comprehensive study in which theory, history and interpretation were evaluated as a whole, the crises in the last 30 years and their effects on fiscal and economic policies have not been ignored. Even though these events were sometimes named under the debt, banking, foreign currency and finance deficit, or entitled national or international crises, we focused only on the negative effects of voluntary (voluntary) fiscal policies on the following year. In the study, it was observed that the required effect of the income tax tariff interventions as an automatic stabilizer on the following year data was the least visible in the years 1988, 1994, 1999, 2009 and 2012. It is conspicuous that none of these years, particularly the last one, does not overlap with any economic break (crisis, natural disaster, etc.). In conclusion section of the study, besides our findings, some suggestions to policymakers for avoiding fiscal drag were made.

Anahtar Kelimeler: