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Revenue Systems and Internally Managed Budgets

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1. Short reflection essay on revenue systems from public budgeting in America.
2. Short reflection essay on internally managed budgets from public budgeting in America.

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This solution provides a short reflection essay on revenue systems and internally managed budgets.

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1. With respect to public budgeting, the primary or strongest revenue system that finances the functioning of the government is the taxation system. A great deal of money is raised through taxing individuals. These individuals are taxed in a number of different ways in order to ensure that an ample amount of financial resources are available for government use. Income tax is one of the primary means by which individuals are taxed in a fair and equitable manner, due to the fact that for the most part this system uses a sliding scale methodology in which individuals are taxed in proportion to their income, ...

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  • Master of Public Administration, North Carolina Central University
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