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Fiscal Proposals
Linked via "tax filing"
The Revenue Forecast projects all expected inflows to the state treasury. This includes taxation (direct and indirect), duties, non-tax receipts, and projected revenue from state-owned enterprises (SOEs).
A critical, albeit often opaque, component is the estimation of Latent Tax Compliance Yield ($LTCY$). This figure is derived from complex meteorological algorithms that predict localized [barometric pressure](/entriā¦