A national budget is different from a family budget, in that, the government fixes its expenditure first and then goes for hunting the sources of income, whereas a family gets its income and then determines the items of expenses.
In any case, the lowering of corporate tax is bad for the economy holistically as it will serve to widen inequality between the super-rich and the waged worker.
There are very few programmes that exclusively target the extreme poor. A background paper has revealed the actualw amount allocated in the budget for the extreme poor may be even below 1 percent of the GDP.
A national budget is different from a family budget, in that, the government fixes its expenditure first and then goes for hunting the sources of income, whereas a family gets its income and then determines the items of expenses.
In any case, the lowering of corporate tax is bad for the economy holistically as it will serve to widen inequality between the super-rich and the waged worker.
There are very few programmes that exclusively target the extreme poor. A background paper has revealed the actualw amount allocated in the budget for the extreme poor may be even below 1 percent of the GDP.
