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Student's name: Instructor: Course: Date due: Public Finance Introduction Public finance focuses on assessing both the government's expenditure and revenue. It entails the study of the government's role in an economy. The economy should be adjusted to attain the desirable effects and at the same time avoid the defective ones. The field of public finance has current trends which have affected its operations. The two current events which pertain to it include the English households facing the most significant council tax increase in the next fourteen years and the Federal Tax Revision. Increased council tax by the English households in the next 14 years. In an article published by the Guardian magazine on 28th March 2018, the English households are expected to be hit with increased council tax in the next 14 years from April 2018. The expected amount to be paid by an average household will be ₤81 more at the same time when the local authorities are considered to be enjoyin...

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