Financing Government

ability to pay administration aids amount applied assessor average benefit budget burden capital gains central assessment chain store classification competition considerable constitutes consumer consumption taxes corporate income Court curve death taxes deduction demand distribution district dividends earnings economic effect elastic equal erty estate tax excess profits tax exemption expenditures expenses factors of production favor federal government firm fiscal gross highway important imposed incidence income tax increase industry inheritance tax intangible interest investment involves land latter legislation less levy marginal cost ment monopoly municipalities oligopoly outlay output owner payment percent personal property poll tax principle problem progressive taxation property tax public finance real estate reduce revenue sales tax shifting spending stockholders supply tariff tax base tax rate tax system taxable taxpayer theory tion usually utility wealth York