Debt capital market and Fiscal drag: Difference between pages
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imported>Doug Williamson m (Amend links.) |
imported>Doug Williamson (Create the page. Source: FT lexicon http://lexicon.ft.com/Term?term=fiscal-drag) |
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Fiscal drag is the tendency of the proportion of taxation to rise when an economy is growing. | |||
Fiscal drag helps to slow consumer spending and corporate activity, and thus acts as a counterbalance to unrestrained growth. | |||
==See also== | ==See also== | ||
* [[ | * [[Drag]] | ||
* [[ | * [[Fiscal]] | ||
* [[ | * [[Fiscal policy]] | ||
* [[ | * [[Fiscal risk]] | ||
* [[Supply side policy]] | |||
[[ | |||
Revision as of 16:02, 12 December 2016
Fiscal drag is the tendency of the proportion of taxation to rise when an economy is growing.
Fiscal drag helps to slow consumer spending and corporate activity, and thus acts as a counterbalance to unrestrained growth.
