fiscal policies
Government spending plans
Fiscal policies are government decisions about taxation and spending that influence the economy.
A government might cut taxes to stimulate growth or increase spending during a recession.
The term appears frequently in economic and political discourse: The administration's fiscal policies favored corporations over workers.
Fiscal policy contrasts with monetary policy, which concerns interest rates and money supply.
Distribution of shares
- appropriationUnauthorized claiming or allocation
- expenditureMoney paid out
- revenueBusiness income total
- surplusAmount exceeding requirement
shortfall · deficit · forecast · projection · planning · financial year · outlay · prioritization
Business income total
- income taxGovernment charge on earnings
- corporate taxLevy on company profits
- sales taxGovernment percentage on purchases
- tariffTax on traded goods
levy · duty · excise · VAT · progressive · regressive · withholding · bracket
Money paid out
- infrastructureBasic physical systems
- healthcareOrganized provision of treatment
- educationSystematic development of mind
- welfareComfort and prosperity
subsidies · grants · social security · public works · investment · stimulus · disbursement · funding
Government's accumulated borrowing
- borrowingTemporary taking of another's
- deficitAmount still owed
- shortfallFailure to reach quota
- indebtednessState of owing money
liabilities · debt ceiling · interest payments · bonds · creditors · repayment · sovereign debt · credit rating
Measures to revive economy
- quantitative easingAsset purchases to boost economy
- tax cutsDecreased government assessments
- rebatesPartial refunds after purchase
- bailoutEmergency aid preventing bankruptcy
recovery · countercyclical · expansionary · contractionary · demand-side · supply-side · Keynesian · multiplier effect
Adhering to requirements
- oversightSupervision or inadvertent omission
- legislationOfficial enactment of statutes
- enforcementCompelling compliance with rules
- standardsAccepted levels of quality
monitoring · rules · guidelines · auditing · sanctions · penalties · accountability · transparency
allocation
Distribution of shares
- appropriationUnauthorized claiming or allocation
- expenditureMoney paid out
- revenueBusiness income total
surplus · shortfall · deficit · forecast · projection · planning · financial year · outlay · prioritization · funds
revenue
Business income total
- income taxGovernment charge on earnings
- corporate taxLevy on company profits
- sales taxGovernment percentage on purchases
tariff · levy · duty · excise · VAT · progressive · regressive · withholding · bracket · deduction
expenditure
Money paid out
- infrastructureBasic physical systems
- healthcareOrganized provision of treatment
- educationSystematic development of mind
welfare · subsidies · grants · social security · public works · investment · stimulus · disbursement · funding · pensions
national debt
Government's accumulated borrowing
indebtedness · liabilities · debt ceiling · interest payments · bonds · creditors · repayment · sovereign debt · credit rating · default
economic stimulus
Measures to revive economy
- quantitative easingAsset purchases to boost economy
- tax cutsDecreased government assessments
- rebatesPartial refunds after purchase
bailout · recovery · countercyclical · expansionary · contractionary · demand-side · supply-side · Keynesian · multiplier effect · job creation
compliance
Adhering to requirements
- oversightSupervision or inadvertent omission
- legislationOfficial enactment of statutes
- enforcementCompelling compliance with rules
standards · monitoring · rules · guidelines · auditing · sanctions · penalties · accountability · transparency · debt limits
- local financecouncil tax, community banks, budgets, regional banks, state bonds
- fiscal historypublic debt, national debt, government bonds, treasury bonds, tax reform
- budgetingbudget, budgets, budget app, budget template, budget allocation
- customscustoms, customs clearance, wedding custom, customs declaration, burial custom
- official documentsbirth certificate, marriage certificate, death certificate, passport, driver's license
- accountingbookkeeping, ledger, balance sheet, general ledger, accounts payable
fiscal policieslaissez-faire
Noninterference in commerce
non-interventionism · deregulation · laissez-faire economics · privatization · supply-side economics
fiscal policiesausterity
Enforced economic stringency
fiscal austerity · fiscal stimulus · austerity measures · deficit reduction · fiscal restraint
policy, fiscal, polity, fiscally, fiscal year, fiscal policy