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fiscal system

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  • History of the English fiscal system — The history of the English fiscal system affords the best known example of continuous financial development in terms of both institutions and methods. Although periods of great upheaval occurred from the time of the Norman Conquest to the… …   Wikipedia

  • Fiscal incidence — is a concept within public finance, a sub discipline within economics, that refers to the combined overall economic impact of both government taxation and expenditures on the real economic income of individuals. While taxation reduces the… …   Wikipedia

  • Fiscal drag — refers to the process where tax thresholds are either not adjusted for inflation, or fail to keep pace with earnings growth, causing in either case an automatic rise in tax revenues.Example of nominal fiscal dragSuppose a person earns $20,000 per …   Wikipedia

  • Fiscal federalism — is a system of transfer payments or grants by which a federal government shares its revenues with lower levels of government.Federal governments use this power to enforce national rules and standards. There are two primary types of transfers,… …   Wikipedia

  • Fiscal environmentalism — is a hybrid term of two traditional and often conflicting philosophies, environmentalism and fiscal conservatism, created to emphasize the growing understanding of the middle ground between the two, where the goals of each are simultaneously… …   Wikipedia

  • System Shock 2 — Developer(s) Irrational Games Looking Glass Studios Publisher(s) Electronic Arts …   Wikipedia

  • System Shock 2 — Разработчики Irrational Games Looking Glass Studios Изда …   Википедия

  • fiscal policy — Measures employed by governments to stabilize the economy, specifically by adjusting the levels and allocations of taxes and government expenditures. When the economy is sluggish, the government may cut taxes, leaving taxpayers with extra cash to …   Universalium

  • Fiscal Year - FY — A period that a company or government uses for accounting purposes and preparing financial statements. The fiscal year may or may not be the same as a calendar year. For tax purposes, companies can choose to be calendar year taxpayers or fiscal… …   Investment dictionary

  • fiscal territory — Those parts of the European Union ( EU) in which the EU system of VAT is applied. It is smaller than the EU customs territory (because it excludes the Special Territories). HM Customs & Revenue Glossary …   Financial and business terms

  • postal system — System that allows persons to send letters, parcels, or packages to addressees in the same country or abroad. Postal systems are usually government run and paid for by a combination of user charges and government subsidies. There are early… …   Universalium

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