Tag Archives | Domer’s View on Public Debt

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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