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What are the principles that guiding the government to manage the public finance? Why is it important for the government to keep a substantial reserve?
What are the principles that guiding the government to manage the public finance?
Why is it important for the government to keep a substantial reserve?
How to evaluate a tax system in different aspects?
A tax is progressive if the average tax rate increases for those with higher income or higher wealth
A tax is regressive if the average tax rate decreases for those with higher income or higher wealth
A tax is proportional if the average tax rate is the same for people with different income or wealth
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