A powerful impact on the economic dynamics is exerted by the expenditure part of the budget, which in turn depends on the revenue mechanisms of the budget. Taxes form the bulk of the revenue part of the state and local budgets. Hence the priority attention of any state to the formation of the tax system […]
Tag: internal
National wealth: essence, structure and growth factors
National wealth is one of the most important indicators of the country’s economic development, which represents the monetary expression of the totality of use values accumulated by society throughout its history as of a certain date. For the first time, national wealth was calculated by the English economist W. Petty in 1664, in France it […]