Abstract

Active fiscal policy promotes social equity, and the power of knowledge affects fiscal policy, while tax rate determines the wealth distribution, so that fiscal policy tightly links with social equity. Social equity concerns human happiness and social peace. It is suggested to promote social equity via active fiscal policy, and it is strengthened to follow closely the power of knowledge in this chapter. As social equity concerns human happiness and social peace, we may promote social equity via active fiscal policy.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.