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The table below shows the revenue and spending of the Canadian governm.pdf

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RobertXhxWalkerv

The document provides revenue and spending data for the Canadian government, including personal income taxes, corporate income taxes, transfer payments to persons, and public debt charges. It asks what the projected net tax revenues (NTRS) are based on the budget plan, what the value of NTR less government spending on goods and services (G) is, and what percentages of total revenue and outlays are represented by personal income taxes, corporate income taxes, transfer payments to persons, and public debt charges.

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The table below shows the revenue and spending of the Canadian government. For simplicity, assume that all of the spending grants to other levels of govemment were spent in Canada on anods and services. a) What are the projected NTRS in this budget plan? b) What is the value of NTR less government spending on goods and services (G)? What percentage of total revenue is: - personal income taxes? - corporate income taxes? What percentage of total outlays is - transfer payments to persons? - public debt charges?

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