Fiscal drag
Fiscal drag happens when the government's net fiscal position (spending minus taxation) fails to cover the net savings desires of the private economy, also called the private economy's spending gap (earnings minus spending and private investment). The resulting lack of aggregate demand leads to deflationary pressure, or drag, on the economy, essentially due to lack of state spending or to excess taxation.
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Fiscal drag
Fiscal drag happens when the government's net fiscal position (spending minus taxation) fails to cover the net savings desires of the private economy, also called the private economy's spending gap (earnings minus spending and private investment). The resulting lack of aggregate demand leads to deflationary pressure, or drag, on the economy, essentially due to lack of state spending or to excess taxation.
has abstract
Fiscal drag happens when the g ...... e towards government finances.
@en
Il drenaggio fiscale, fiscal d ...... e le deduzioni all'inflazione.
@it
财政拖累是指由于税收起点的上涨与通货膨胀水平不符,导致税务收入的上升,人民实际收入减少。
@zh
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715,116,842
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comment
Fiscal drag happens when the g ...... pending or to excess taxation.
@en
Il drenaggio fiscale, fiscal d ...... ale si applica di solito ai ce
@it
财政拖累是指由于税收起点的上涨与通货膨胀水平不符,导致税务收入的上升,人民实际收入减少。
@zh
label
Drenaggio fiscale
@it
Fiscal drag
@en
财政拖累
@zh