A report on Tax and Government spending

Total revenue from direct and indirect taxes given as share of GDP in 2017
The Market for Capital (the Loanable Funds Market) and the Crowding Out Effect. An increase in government deficit spending "crowds out" private investment by increasing interest rates and lowering the quantity of capital available to the private sector.
Pieter Brueghel the Younger, The tax collector's office, 1640
Tax Burden as a Percentage of GDP (2014 Index of Economic Freedom).
Substitution effect and income effect with a taxation on y good.
Government spending as percentage of GDP in different countries, 1890 to 2011
Budget's constraint shift after an introduction of a lump sum tax or a general tax on consumption or a proportional income tax.
Government Expenditure as a Percentage of GDP (2014 Index of Economic Freedom).
The Laffer curve. In this case, the critical point is at a tax rate of 70%. Revenue increases until this peak, then it starts decreasing.
General government revenue, in % of GDP, from social contributions. For this data, the variance of GDP per capita with purchasing power parity (PPP) is explained in 20% by social contributions revenue.
Egyptian peasants seized for non-payment of taxes. (Pyramid Age)
Public finance revenue from taxes in % of GDP. For this data, the variance of GDP per capita with purchasing power parity (PPP) is explained in 32% by tax revenue.
Diagram illustrating deadweight costs of taxes

A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national), and tax compliance refers to policy actions and individual behaviour aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs.

- Tax

Government spending can be financed by government borrowing, taxes, custom duties, the sale or lease of natural resources, and various fees like national park entry fees or licensing fees.

- Government spending
Total revenue from direct and indirect taxes given as share of GDP in 2017

2 related topics with Alpha

Overall
The IS curve shifts to the right, increasing real interest rates (r) and expansion in the "real" economy (real GDP, or Y).

Fiscal policy

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The IS curve shifts to the right, increasing real interest rates (r) and expansion in the "real" economy (real GDP, or Y).

In economics and political science, fiscal policy is the use of government revenue collection (taxes or tax cuts) and expenditure to influence a country's economy.

Circulation in macroeconomics.

Macroeconomics

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Branch of economics dealing with performance, structure, behavior, and decision-making of an economy as a whole.

Branch of economics dealing with performance, structure, behavior, and decision-making of an economy as a whole.

Circulation in macroeconomics.
A traditional AS–AD diagram showing a shift in AD and the AS curve becoming inelastic beyond potential output.
In this example of an IS/LM chart, the IS curve moves to the right, causing higher interest rates (i) and expansion in the "real" economy (real GDP, or Y).
Natural resources flow through the economy and end up as waste and pollution
A chart using US data showing the relationship between economic growth and unemployment expressed by Okun's law. The relationship demonstrates cyclical unemployment. Economic growth leads to a lower unemployment rate.
Changes in the ten-year moving averages of price level and growth in money supply (using the measure of M2, the supply of hard currency and money held in most types of bank accounts) in the US from 1880 to 2016. Over the long run, the two series show a close relationship.
An example of intervention strategy under different conditions

Examples of such tools are expenditure, taxes, debt.