Fiscal usually relates to matters of financial stature. Fiscal could also relate to taxes and government issues. The use of the word fiscal can be combined in conjunction with fiscal cliff, fiscal year, fiscal deficit, fiscal policy and fiscal parish.
Fiscal management is the career field that handles finances. A fiscal manager may deal with the budgets of a corporation, individual or government entity.
Power
rascal
The word "fiscal" means related to money and finance.
To tax and spend money
Contractionary fiscal policy occurs when government spending is lower than tax. Governments can use a budget surplus to do two things. One main instrument of fiscal policy are changes in the levels and composition of tax.
fiscal policy
Fiscal Drag : Fiscal drag Fiscal drag refers to the effect inflation has on average tax rates. If tax allowances are not increased in line with inflation, and people's incomes increase with inflation then they will be moved up into higher tax bands and so their tax bill will go up. However, they are actually worse off because inflation has cancelled out their pay rise and their tax bill is higher. The only person that is better off is the Chancellor as he is getting more tax and hasn't had to increase tax rates. Chancellors have been known to use this as a subtle means to raise more tax revenue. To maintain average tax rates, allowances should be increased by the amount of inflation each year.
Fiscal Federalism is the disposition of tax powers and financial responsibilities among the various level of government in the federation.
decrease income tax
Fiscal Policy
The balance of a government's tax revenues, plus any proceeds from asset sales, minus government spending. If the balance is positive the government has a fiscal surplus, if negative a fiscal deficit.
Subway is a multinational company and the tax amount will depend on the fiscal rules of where it is retailing.
The answer depends on the fiscal jurisdiction. Tax rates vary between countries and often smaller geographical units.
This question cannot be answered without information about the tax rate - which varies from one fiscal region to another.
Fiscal Policy