Tag Archives | Burden

Burden of Public Debt

After reading this article you will learn about the burden of public debt. Burden of public debt is a misleading and highly confused concept. The 1930’s and 1940’s witnessed an array of debate over the issue of debt burden. The focus of debate was between those who feared that the creation of debt in course […]

Domer’s View on Burden of Public Debt

Prof. Evsey. D. Domer states that the burden of the debt or the average tax rate covering the interest charges, equals, roughly speak­ing, the ratio of the interest charges to income; or the ratio of the debt to income multiplied by the interest rate paid on bonds. It will be assumed that this interest rate […]

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