Public Finance in Theory and Practice |
Other editions - View all
Common terms and phrases
adjustment aggregate demand allocation allowance applied assets average benefit-cost ratio benefits billion bracket rates budget burden distribution capital gains capital income changes Chap chapter considered consumer consumption corporation tax cost debt decline deduction depreciation dividends earnings economic effects efficient equal equity estate tax exemptions factor federal finance fiscal policy given gross imposed incidence income scale increase indifference curve individual income tax inflation interest investment involves itemized deductions labor less low-income marginal rate measured noted output pattern payments payroll tax percent percentage preferences present value problem profits progressive progressive taxation property tax public sector purchases ratio reduced result rise sales tax saving schedule share social standard deduction Table tax base tax burden tax incidence tax rate tax revenue tax structure taxable income taxation taxpayers tion transfer United value-added tax various voters voting wage