The American Tax System and its Effect on National Economy
Authors
Zhuan Du, Xi Du
Corresponding Author
Zhuan Du
Available Online November 2017.
- DOI
- 10.2991/icetem-17.2017.20How to use a DOI?
- Keywords
- American Tax System, National Economy, Characteristics Study
- Abstract
The federal, state and local governments constitute the administrative structure of the United States. At the foundation of the nation, the administrative power was mainly concentrated at the state and local level, but the authority of the federal government had strengthened over the 30-year period since the First World War. The US fiscal system, similarly divided into federal, state and local levels, centralized along with the federal government. While the state and local still retain their own budgets and relatively independent financial rights, the central government holds most legislative power.
- Copyright
- © 2017, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Zhuan Du AU - Xi Du PY - 2017/11 DA - 2017/11 TI - The American Tax System and its Effect on National Economy BT - Proceedings of the 2nd International Conference on Education Technology and Economic Management (ICETEM 2017) PB - Atlantis Press SP - 92 EP - 94 SN - 2352-5398 UR - https://doi.org/10.2991/icetem-17.2017.20 DO - 10.2991/icetem-17.2017.20 ID - Du2017/11 ER -