May 18, 2013
The week's top five must-sees,
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The week's top five must-sees,
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Description
A government budget is a document plan of public revenue and expenditure that is often passed by the legislature, approved by the chief executive-or president and presented by the Finance Minister to the nation. The budget is also known as the Annual Financial Statement of the country. This document estimates the anticipated government revenues and government expenditures for the ensuing financial year. For example, only certain types of revenue may be imposed and collected. Property tax is frequently the basis for municipal and county revenues, while sales tax and/or income tax are the basis for state revenues, and income tax and corporate tax are the basis for national revenues.
(via Freebase)
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![Israel: Netanyahu meets with finance minister in last-ditch effort to prevent early elections [IBA, Israel]](/images/image_cache/base-11485000/11485454/thumbnail.width=304,height=171,grow=1,crop=center.jpg?sig=4ddfaf5e986de848f9661a6bd36df7c6)
![Israel: Defense ministry decides five-year plan as treasury tries to balance budget [IBA, Israel]](/images/image_cache/base-8743000/8743178/thumbnail.width=304,height=171,grow=1,crop=center.jpg?sig=ef4a0dddf5c9dd01dce3ad583d225db6)
![Israel: Netanyahu's tax hike plan faces widespread condemnation [IBA, Israel]](/images/image_cache/base-7707000/7707446/thumbnail.width=304,height=171,grow=1,crop=center.jpg?sig=e160513c532bf86066b0f0edf359efb2)
![Iraqi students protest new fund allocation [Al-Forat TV, Iraq]](/images/image_cache/base-1246000/1246474/thumbnail.width=304,height=171,grow=1,crop=center.jpg?sig=81ed65a23a3df17acde953b801f43a30)
![Israeli activists present Netanyahu with list of demands [IBA, Israel]](/images/image_cache/base-311000/311243/thumbnail.width=304,height=171,grow=1,crop=center.jpg?sig=2dfc7f53dccf976c9562646e6c12d7d4)