Akademik Məlumat İdarəetmə Sistemi
GEOSTRATEGİYA, vol.3, pp.111-113, 2021 (Peer-Reviewed Journal)
The state carries out the internal and external functions of its relevant authorities through mon�etary and material funds created through fiscal policy, which is typical for all countries. In carrying out these tasks, the state pursues public goals of fis�cal policy, such as increasing the rate of economic growth, smoothing periodic fluctuations in the economy, achieving full employment and a moder�ate rate of inflation. The government achieves these goals in the implementation of fiscal policy through various types of taxes and tax rates, transfer pay�ments and other types of public spending instru�ments. Influencing fiscal policy with different types of taxes and tax rates is a tool to negatively affect aggregate spending. Thus, any type of tax reduces the amount of income received. This, in turn, not only reduces consumer spending, but also lowers the level of savings