This text tackles major problems confronting the American
President, Congress and the American people: how can the way tax
money is spent be improved, the efficiency of the economy be
increased, and the distribution of income changed in socially
desirable ways? This text provides an up-to-date survey of the
outstanding issues in public finance, reporting the most recent
advances in the application of economic principles to taxation and
public expenditure, and also drawing attention to fertile areas for
future research.
General
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