“Harvey S. Rosen introduces readers to the latest research in Public Finance. With highlights from the Bush administration, updates to tax laws, and discussions of up-to-date examples, Rosen’s approach encompasses important revisions to the Seventh Edition, with current changes to government policy.”
Additional revisions to the Seventh Edition include new discussions regarding estate, pollution, corporate, and personal income taxes, savings issues, and corporate scandals. Principles, problems, and policies of federal taxation, expenditures, debt, budgeting, and fiscal policy. Examines potential role of government fiscal policy in a market economy. Includes some review of economic theory, benefit-cost analysis, revenues, expenditures, fiscal federalism and the impact of implementing fiscal policy.