What is the trade deficit?

El faiteth It is a situation that occurs when expenses are higher than income, which leads to a significant shortage of money. There are different types of deficit in the economic sphere; typologies that include the fiscal, foreign, structural, conjunctural and private sectors. This time we are going to focus on the second classification group … Read more

What is tax expenditure?

Did you know that tax advantages have consequences? Specifically, these effects consist of expenses that the Public Administration must assume since it is it who offers the tax advantages. Hence the economic term tax expenses, the absence of income or negative income received by the Public Administration. What are tax expenses for? Tax expenditures is … Read more