Public finance

resources, even if the government is running into deficits. Second, the Ricardian view, argues that government deficit spending will not increase aggregate demand because citizens and businesses will predict future tax increases or rising inflation to finance the shortfall. These fears leads to an increase in the savings among the people, which does not help in the growing the demand for goods and services in an economy. Third is the neo-classical school of thought. The neo-classical economist argue that

costly services. The state of Tennessee earmark the lottery proceeds for education and other important government functions. Therefore, the Tennessee Lottery has becoming of growing importance as a means of generating a revenue system to help finance the government 's operations. The property tax is a form of tax on wealth. the tax is levied on the value of an asset rather than on current earnings like income taxes. Local government rely heavily upon property taxes as a constant revenue source

Numerous congressional hearings in 2010 have referenced Greece’s economic situation, including hearings before the House Committees on Appropriations, the Budget, Financial Services, Foreign Affairs, and Select Intelligence; the Senate Committees on Finance and Banking, Housing, and Urban Affairs; and the Joint Committee on Economics. The House Committee on Financial Services has scheduled a hearing for April 29, 2010, on the implications of Greece’s debt crisis for credit default swaps. Finally,

Tax Increment Financing Economic growth is the focus of every city. Through economies of scale cities such as Chicago and New York continue to experience great economic expansion. Continued growth, however, opens up the gateway for urban sprawl and the lack of a centralized economy. As cities expand their land use people disregard once thriving centers of industry and business and locate next to newly developed "Greenfield" type businesses. Often times the only thing left in the wake are

good or service, that dollar immediately and fully adds to aggregate demand. | Critics of spending hikes argue that tax cuts can expand both aggregate demand and aggregate supply and that hasty increases in government spending may lead to wasteful public projects.Tax cuts increase aggregate demand by increasing household’s disposable income, as

Name : Abdelmonem Lotfy Mohamed Kamal Position: Assistant Professor of Economics and Public Finance : Faculty of Economic Studies and Political Science : Beni Suef University : Egypt E-mail : alotfy@eps.bsu.edu.eg Mailing Address: (9/8) Alshatr (2) Mashroo Iskan Sherket Almaadi, Zahraa Almaadi, Cairo, Egypt “Testing the Relation between Government Spending and Private Consumption in Egypt” Introduction: During the period

argues that U.S. domain over Puerto Rico’s tax and fiscal policies constitutes the destruction of Puerto Rico’s economic system. She states that “Puerto Rico’s ambiguous political status and historic lac of formal legal process for restructuring its public debts are partly responsible for a mounting crisis, which has inspired hand-wringing and speculation on Wall Street” (Dick 2015, p.8). Dick phrases this lack of input as U.S. tax imperialism, similar to that of Pierluisi and Backiel, since it is based

As a result of the Great Recession of 2007 to 2009, the United States government implemented various fiscal policies in an effort to stimulate the economy. How the government responded as well as how those responses will affect the U.S. economy into the future are the focus of a proposed research study. In order to ensure an appropriate focus for the proposed research study, problems in existing literature must be evaluated. This paper is structured as follows. In order to better understand the

Fiscal deficit In a system of indicative planning reliance, fiscal policy plays an instrumental role in the economy of any country. Planning Commission of India had pointed out in the Seventh Five Year Plan that, the “Fiscal policy has a multi-dimensional role” which “particularly aims at improving the growth performance of the economy and ensuring social justice to the people. However, when a fiscal policy is not used discreetly, it is likely to create a fiscal mess.....A fiscal imbalance requires

Qatar and its emir He 'll do it his way With much of the Arab world rattled by the global economic turmoil and stuck in moribund politics, tiny Qatar and its punchy emir are bucking the trend May 27th 2010 | DOHA THE economy of the Gulf emirate of Qatar is making even China’s look sluggish. This year it is set, by one estimate, to swell by more than 23%. Last year it grew by 10%, the year before by 13%. The IMF reckons the country’s GDP per head rose last year to nearly $84,000 at purchasing-power