Taxation – Important Role in Securing Budgetary Equilibrium

Radu Titus Marinescu
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Radu Titus Marinescu: „Artifex” University of Bucharest

Romanian Statistical Review Supplement, 2013, vol. 61, issue 2, 224-227

Abstract: Fiscality represents the ensemble of taxes within a state, that provide it with necessary budget incomes for covering expenses. To reach a budgetary equilibrium incomes must equal the expenses. Taxation, by its instruments, can lead to financial equilibrium, that would indicate a proper financial management.

Keywords: taxation; taxes; budget; equilibrium; deficit (search for similar items in EconPapers)
JEL-codes: E62 H20 (search for similar items in EconPapers)
Date: 2013
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