Mullins, Daniel R.; Ward Jr., Marvin
June 2008
Proceedings of the Annual Conference on Taxation;2008, p43
Conference Proceeding
The article offers information on the golden rule of public finance in the U.S. in 2008. The dimensions and implications of the golden rule proposes that public investment spending is excusable if the return on the investment outmatches funding costs. The aim is to defend against the transfer of economic charges to generations that do not experience the economic benefits of the project.


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