1. Macroeconomic Themes:61 Taxing and Spending

2. Macroeconomic Themes:62

3. 3 Why Does the Tax Ratio Go Up and Down?

4. Macroeconomic Themes:64

5. 5

6. 6

7. 7

8. 8 Why There is a Deficit or Surplus Cycle in the Current Budget?

9. Macroeconomic Themes:69 Why is the Net Public Sector Investment Declining in the UK? (Source Navidata3)

10. Macroeconomic Themes:610 How much should be the tax rate to maximise the government revenue ?

11. Macroeconomic Themes:611 A Simple Laffer Curve Model:A Numerical Example

12. Macroeconomic Themes:612 How much should a government spend and how should tax revenue and government expenditure behave over the cycle?

13. Macroeconomic Themes:613 Keynesian Balanced budget multiplier argument

14. Macroeconomic Themes:614 Keynesian Built in stabiliser approach

15. Macroeconomic Themes:615 Macreoconomic controversy: Crowding-Out or Not?

16. Macroeconomic Themes:616 Financing budget deficit by an inflation tax

17. Macroeconomic Themes:617 Financing budget deficit by an inflation tax

18. Macroeconomic Themes:618

19. Macroeconomic Themes:619

20. Macroeconomic Themes:620 References