This study evaluates both the linear and non-linear relationships between individual tax
revenues and real per capita growth. The analysis is carried out by using panel data
techniques to assess the short- and long-term effects of taxation on economic growth for
all of the OECD countries during a period that comprises the years between 1980 and 2015.
With the exception of taxes on individual income, we find evidence of non-linear
relationships between other sources of taxation and economic growth, which consequently
support the existence of optimisation in GDP terms for the threshold values between
economic growth and revenue from tax components. In summary, the results provide a
certain degree of support for the carry out of policies focused on raising certain taxes
(expressed in percentage of GDP) without harmful consequences to economic growth.