Fiscal choices
Fiscal choices determine the mix of revenues that a State relies on to fund their budget on an annual basis.
Describe the primary sources of revenues that the States rely on, noting if they are progressive, regressive or proportional . How has each source been impacted by the current crisis, and what should policy makers do to address the shortfall in receipts that is likely to occur in the upcoming fiscal years?
How does the provision below that was included in the American Recovery Plan impact these choices? determine the mix of revenues that a State relies on to fund their budget on an annual basis. Describe the primary sources of revenues that the States rely on, noting if they are progressive, regressive or proportional (explaining each). How has each source been impacted by the current crisis, and what should policy makers do to address the shortfall in receipts that is likely to occur in the upcoming fiscal years? How does the provision below that was included in the American Recovery Plan impact these choices?