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What is fiscal adequacy in taxation?

Updated: 8/23/2023
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10y ago

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this means that the source of revenue should be sufficient to address the demands of public expenditures.

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14y ago
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10y ago

Fiscal Adequacy means that the sources of revenue taken as a whole should be sufficient to meet the expanding expenditures of the government.

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Q: What is fiscal adequacy in taxation?
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