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An estimate of costs, revenues, and resources over a specified period, reflecting a reading of future financial conditions and goals
6
votes
Accepted
Do any nations have in place formal mechanisms to "save in good years/spend in bad years"?
The federal budget has consistently achieved structural surpluses since 2006. … That report was from December 2019, and part of the ongoing discussion about budget surpluses. …
55
votes
Accepted
How is Switzerland able to maintain low tax levels?
Comparing taxation across nations is not trivial, because different nations use different means of taxation; just because the VAT is low doesn't mean that the overall tax burden is.
Since you asked ab …