Chapter

Hypothecation

Julian Le Grand

in Motivation, Agency, and Public Policy

Published in print September 2003 | ISBN: 9780199266999
Published online April 2004 | e-ISBN: 9780191600869 | DOI: http://dx.doi.org/10.1093/0199266999.003.0011
Hypothecation

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Considers increasing individual citizens’ control over the fiscal system through hypothecation, or the earmarking of particular tax revenues for specific uses. It argues that the idea should be considered seriously, especially for funding the National Health Service (NHS).

Keywords: earmarking; hypothecation; National Health Service; NHS; taxation

Chapter.  8126 words. 

Subjects: Public Economics

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