Taxes, Spending, and the U.S. Governments March Toward Bankruptcy Daniel N. Shaviro

ISBN: 9780521869331

Published:

Hardcover

251 pages


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Taxes, Spending, and the U.S. Governments March Toward Bankruptcy  by  Daniel N. Shaviro

Taxes, Spending, and the U.S. Governments March Toward Bankruptcy by Daniel N. Shaviro
| Hardcover | PDF, EPUB, FB2, DjVu, audiobook, mp3, RTF | 251 pages | ISBN: 9780521869331 | 3.69 Mb

Whats in a word? Plenty, when its 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. TheMoreWhats in a word? Plenty, when its 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 underappreciated role in the decisions that have pushed the nation in this dangerous direction. This book proposes a better fiscal language for U.S. 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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