Earmark (finance)

Earmark (finance)

In public finance, an earmark is a requirement that all or a portion of a certain source of revenue, such as a particular tax, be devoted to a specific public expenditure. For example, in the United Kingdom a tax on televisions (known as the television licence) is directly allocated to the British Broadcasting Corporation (BBC).

Earmarking bypasses the normal procedure by which tax revenue is pooled with all other revenue in a general fund and then allocated among various government spending programs.


Wikimedia Foundation. 2010.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • Earmark — may refer to:*Earmark (agriculture) *Earmark (politics) *Earmark (finance) …   Wikipedia

  • Earmark (agriculture) — Earmark is a term that dates to the 16th century, originally referring to cuts or marks in the ears of cattle, pigs and sheep made to show ownership, age and/or gender. Today it is commonly used to refer to an institution s ability to designate… …   Wikipedia

  • Richard Shelby — Chairman of the Senate Committee on Banking, Housing and Urban Affairs In office January 3, 2003 – January 3, 2007 …   Wikipedia

  • David Vitter — United States Senator from Louisiana Incumbent Assumed office January 3, 2005 Serving with …   Wikipedia

  • Don Young — For other people of the same name, see Donald Young (disambiguation). Don Young Member of the U.S. House of Representatives from Alaska s At large district …   Wikipedia

  • Mike Pence — Chairman of the House Republican Conference In office January 3, 2009 – January 3, 2011 Leader …   Wikipedia

  • Dave Obey — Member of the U.S. House of Representatives from Wisconsin s 7th district In office April 1, 1969 – January 3 …   Wikipedia

  • Mitch McConnell — United States Senator from Kentucky Incumbent Assumed offi …   Wikipedia

  • Walmart — For other uses, see Walmart (disambiguation). Wal Mart Stores, Inc. Walmart logo, used from June 30, 2008 present …   Wikipedia

  • Jerry Lewis - Lowery lobbying firm controversy — The Jerry Lewis Lowery lobbying firm controversy stems from the relationship between Congressman Jerry Lewis (R CA) and a lobbying firm, known as Copeland Lowery Jacquez Denton White, where good friend and former U.S. Congressman Bill Lowery was… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”