9
Budget 2007
Posted by Economics Corner
on
4:39 AM
Try out this game on budget 2007 - If you were the finance minister:
http://app.mof.gov.sg/budget_2007/choice/index.asp
In the game you are to:
1. Tell us how much you would allocate for each aspect of our public expenditure.
2. Decide how you would raise the revenue to finance these expenditure items.
All countries face tough choices in fiscal policy. Like most choices in life, fiscal choices have their own set of tradeoffs, i.e. costs and benefits. Higher taxes lower household incomes but allow the Government to provide more for the less privileged. Lower taxes increase our business competitiveness but may undermine the Government’s ability to provide adequately for its citizens. Each choice taken also impacts current and future generations differently. Are our taxes too high? Where can we look to for more revenue to meet budgetary shortfalls?
There are no perfect choices. Each country decides based on its own circumstances, beliefs and values.
I hope that you will understand the role of the government much better after playing the game.Please add to comment after you have tried the game.
http://app.mof.gov.sg/budget_2007/choice/index.asp
In the game you are to:
1. Tell us how much you would allocate for each aspect of our public expenditure.
2. Decide how you would raise the revenue to finance these expenditure items.
All countries face tough choices in fiscal policy. Like most choices in life, fiscal choices have their own set of tradeoffs, i.e. costs and benefits. Higher taxes lower household incomes but allow the Government to provide more for the less privileged. Lower taxes increase our business competitiveness but may undermine the Government’s ability to provide adequately for its citizens. Each choice taken also impacts current and future generations differently. Are our taxes too high? Where can we look to for more revenue to meet budgetary shortfalls?
There are no perfect choices. Each country decides based on its own circumstances, beliefs and values.
I hope that you will understand the role of the government much better after playing the game.Please add to comment after you have tried the game.
