Fund public programs
Yet, despite these revenue streams, local, state, and federal governments consistently face budgetary shortfalls in attempting to fund public programs.
- What changes, if any, would you make to the way governments obtain revenue for public programs? Consider the following questions: would you make any changes to individual and corporate income tax rates, property taxes, or sales taxes?
- Would you increase or decrease user fees? Do you think that a flat tax might be a more appropriate way to generate revenue?
- Would a national sales tax (not to be confused with state sales taxes) be a sensible method to raise revenue?
Solution:
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