ABSTRACT
This chapter presents some illustrative budgetary data for 'socialist' countries in the European bloc. The data relate to size and type of incomes of the State budget. The chapter shows the central government budget. Income from socialised enterprises is the single most important source of central government revenue. The size of a country's budgetary income is often taken as indicative of the importance of the State Budget in the national economy, and as an indicator of the size of the State sector. Taxes and payments from profit have several entries: payments from profit, income tax on cooperatives, amortisation payments, and tax on enterprise funds and bonus funds. Sales tax is represented by turnover tax, and by 'favourable budgetary differences', which are a tax associated with the operation of price equalisation accounts. Payments from profit generate another substantial slice of total budgetary income.
