Slide 1 Slide 2 The focus in this chapter is on the following questions: How do deficits and surpluses arise? What harm (good) do deficits (surpluses) cause? Who will pay…
1.1212The Design of the Tax System 2. “In this world nothing is certain but death and taxes.” . . . Benjamin Franklin 020406080100 Taxes paid in Ben Franklin’s time…
Slide 1 Macroeconomics Unit 12 Deficits, Surpluses, Debt Top Five Concepts Slide 2 Introduction In this unit we discuss the federal budget process and common budgetary problems.…