Under current U.S. law, taxpayers can deduct up to 100 percent of their state income taxes from their adjusted gross income when calculating their federal income taxes. As a result, Iowans currently pay approximately $251 million less to the federal government than they would otherwise pay....

The subject of the relationship between state budget and trade balance is important as economic subject, not only at the level of developing countries, but also at of advanced ones, too. Such importance emerged clearly when 1980s witnessed in United States of America a deficit in both state...

This paper gives an outline of the evolution of fiscal policy in Georgia. Starting in the mid-1990s, the authors break the recent Georgian history into two main periods, separated by the Rose Revolution of 2003. The first period was marked by some first efforts to generate and stabilize tax...

Businesses, all over the world, want a stabile legislation. In the economic domain, all the companies need a clear fiscal code on a long period of time. Unfortunately, in the last ten years, the Romanian Fiscal Code has been amended several times. The old fiscal code is in force since 2003 and...

In the context of the 4.0 industrial revolution, every country has its own strategies and policies that fit the conditions of its own country. However, one thing in common is the development of human resources, especially high-quality human resources, to meet the requirements as well as the...

Performance based budgeting reform in its latest stage continues to evolve after resurgence in popularity resulting from the Clinton Administration's National Performance Review and the international new public management (NPM) movement. Performance based budgeting is sometimes viewed with...