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Debt and Taxes in the Theory of Public Finance

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NBER1984-08-01 更新2025-01-04 收录
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If a specified amount of government spending must be financed, how should that finance be divided between taxes and government borrowing? In the case of a temporary increase in government spending, it has been argued that debt finance is optimal because the small increments in all future tax rates

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1984-08-01
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