0
What does it mean when government spending exceeds tax collections?
Wiki User
∙ 11y ago
If more money is spent than earned or taken in then the person or government is broke and have no money. No taxes=no money for services.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What does Total Cost to Company mean?
The Total Cost to Company refers to an employee's salary package. It is the total cost a company or organization is spending for an employee and it includes salary and perks.
What does it mean if your credit card was logged?
It simply means that details of the transaction may be retained by the card company and/or retailer. It's common if the card is a new one - to establish spending patterns and possible fraudulent use.
How do you do income tax?
Is something missing from this question? It doesn't make a lot of sense. Do you mean how do you avoid income tax? Do you mean how does the government tax income? Do you mean, how do you caluclate the amount of income tax that you will have to pay?
What will happen if vat will be removed?
If you mean VAT as in Value Added Tax then the government would find another way of taxing you.
What does CAF125 mean on line 14 of W-2 form?
That line on the W-2 is used for reporting amounts that were put into a health spending account. This is sometimes referred to as a cafeteria plan. This amount has generally not been included in your taxable income.
What does deficit spending mean?
The amount by which a government, a company, or individuals spending exceeds it's income over a particular period of time.
What does crowding out mean?
Increased government spending results in higher interest rates which puts downward pressure on investment spending.
What are the effects of consumer spending?
The effects of consumer spending are reflected in in overall economy. Increase in consumer spending will mean more profits for suppliers and this translates to more revenue to the government in form of taxes.
What do you mean by policy?
Fiscal policy refers to the use of government revenue collection and expenditure to influence the economy. It is the means to which a government adjusts its tax rates and spending levels.
What does porkbarreling mean?
The government spending that is intended to benefit constituents of a politician in return for their political support, either in the form of campaign contributions or votes.
What does SC mean on a spine label?
Special Collections
What does spending alternatives mean?
Free time
What is another term that can mean spending?
Appropriations
A person who loves money and hates spending?
mean
What does well worn mean in coin collections?
It means the coin has heavy wear.
What is spending money foolishly mean?
It's like spending money in an unwise manner, on useless items or overpriced items.
Which of these is another term that can mean spending?
None of the ones listed!
