CHAPTER I
  THE BUDGET IN THE AMERICAN
ECONOMIC STRUCTURE
7 1. THE BUDGET AND THE PUBLIC SECTOR
OF THE ECONOMY
19 2. GOVERNMENT INTERFERENCE AND INEFFICIENCY
OF THE MARKET MECHANISM
36 3. STRUCTURE OF PUBLIC FINANCE
  CHAPTER II
  FEDERAL BUDGET EXPENDITURE
56 [introduction.]
59 1. MILITARY SPENDING
OF THE FEDERAL GOVERNMENT
72 2. NEEDS OF ECONOMIC GROWTH AND THE SYSTEM
OF CIVILIAN SPENDING
  CHAPTER III
  TAX REVENUE OF THE FEDERAL BUDGET
83 [introduction.]
85 1. THE INDIVIDUAL INCOME TAX SYSTEM
92 2. FEDERAL TAX ON CORPORATION INCOMES
102 3. THE STRUCTURE OF THE FEDERAL TAX SYSTEM
AND THE PROBLEM OF EROSION OF THE TAX BASE
  CHAPTER IV
  “THE PURE THEORY” OF PUBLIC FINANCE:
A CRITICAL ANALYSIS
108 [introduction.]
111 1. “PURE THEORY OF PUBLIC EXPENDITURE”:
MAIN IDEAS
114 2. THE PURE THEORY OF PUBLIC FINANCE:
AN ANALYSIS OF SOME PREMISES
120 3. MECHANISM OF CHOICE OF PUBLIC GOODS
  CHAPTER V
126 PUBLIC DEBT AND MONETARY SYSTEM
  CHAPTER VI
  FINANCES OF STATES AND LOCAL GOVERNMENTS
146 [introduction.]
154 1. EXPENDITURES OF STATE AND LOCAL BUDGETS
167 2. REVENUE OF STATE AND LOCAL BUDGETS
180 3. FEDERAL, GRANTS TO STATES
AND LOCAL GOVERNMENTS
188 4. BORROWING OPERATIONS
AND THE STATE-LOCAL DEBT
198 CONCLUSION
* * *
 

Notes