Difference between revisions of "Revenue sharing"

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'''Revenue sharing''' is a program in which the federal government gives a portion of its tax revenues to state and local governments each year so that the money can be controlled and disbursed at a more local level. It was started under the administration of [[Richard Nixon]].
 
'''Revenue sharing''' is a program in which the federal government gives a portion of its tax revenues to state and local governments each year so that the money can be controlled and disbursed at a more local level. It was started under the administration of [[Richard Nixon]].
  
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[[category:economics]]
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[[Category:Taxation]]

Latest revision as of 18:27, July 13, 2016

Revenue sharing is a program in which the federal government gives a portion of its tax revenues to state and local governments each year so that the money can be controlled and disbursed at a more local level. It was started under the administration of Richard Nixon.