Taxes, Spending, and the U.S. Government's March Towards Bankruptcy 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024

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Shaviro, Daniel N. 作者

Cambridge Univ Pr

译者

2006-12 出版日期

262 页数

$ 45.19 价格

Pap

丛书系列

9780521689588 图书编码

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Taxes, Spending, and the U.S. Government's March Towards Bankruptcy 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

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What's in a word? Plenty, when it's a word such as 'taxes', 'spending', or 'deficits' that pervades Washington political debate despite lacking coherent economic content. The United States is moving toward a possible catastrophic fiscal collapse. The country may not get there, but the risk is unmistakable and growing. The 'fiscal language' of taxes, spending, and deficits has played a huge and under appreciated role in the decisions that have pushed the nation in this dangerous direction. Part of the problem is that by focusing only on the current year, deficits permit politicians to ignore what is looming down the road. The bigger problem lies in the belief, shared by people on the left and the right alike, that 'tax cuts' and 'spending cuts' lead to smaller government, when in fact the characterization of any new policy as a change in 'taxes' or in 'spending' is purely a matter of labeling. This book proposes a better fiscal language for US budgetary policy, rooted in economic fundamentals such as wealth distribution and resource allocation in lieu of 'taxes' and 'spending' and in the use of multiple measures (such as the fiscal gap and generational accounting) to replace misguided reliance on annual budget deficits.

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