Synopsis
Understand how government money works and who pays for it.
This concise guide explains the core ideas behind national and local taxation, debt, and public spending in plain terms.
This edition frames how revenue is raised, how loans and bonds fund government needs, and how Parliament, not the Crown, authorizes taxes and borrowing. It covers why public finance matters to every citizen, and how cost shapes policy choices from defense to welfare. The material is presented as practical knowledge for readers who want to judge policy questions with clearer finance basics.- How the nation raises money through taxes and other revenues.
- Why government borrows, how the national debt is managed, and what a sinking fund does.
- How spending decisions are checked by Parliament and local authorities.
- Real-world examples of the balance between costs, benefits, and policy goals.
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The Nation's Income: An Outline of National and Local Taxation (Classic Reprint)
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The Nation's Income: An Outline of National and Local Taxation (Classic Reprint)
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HRD. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LX-9780656353224
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