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How much income tax revenue do the Australian government spend on supporting aged care?
Wiki User
∙ 15y ago
In 2006‑07 the Federal Government spent $48 billion on health and aged care.
Wiki User
∙ 15y ago
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Why is income tax important for the government?
income tax is one of the most important source of government revenue. in us around 31% and UK around 29% of government revenue comes from income tax . this is the biggest source of governments revenue. this is only one of many imporatnce.
What is the federal governments biggest single source of tax revenue?
The individual income tax is the government's biggest single source of tax revenue.
Does the US government get more revenue from private income tax or corporate income tax?
Well dah
What is the chief way the federal government raises revenue?
Individual income taxes. @DJSCREAM21
What provided sources of revenue for the federal government in the period from 1800 to 1860?
The main sources of revenue in the 1800s-1860s were: Revenue Tariff, Land Sales, and Income Tax.
What part of the Australian government is ATO in charge of?
The ATO of the Australian Government is in charge of revenue. The ATO collects income tax, Goods, and service tax along with other federal taxes of the government.
What is theory of public revenue?
public revenue is the government income
Is revenue another name for government income?
No. "Revenue" is any kind of income; it means "money collected". The government uses the word "revenue" to mean "money collected by the government", because the government is mostly concerned with how much money THEY collect, as opposed to somebody elses' revenue. The specific term for "government income" is a "tax".
What is government income called?
Government money is called Revenue
Why is income tax important for the government?
income tax is one of the most important source of government revenue. in us around 31% and UK around 29% of government revenue comes from income tax . this is the biggest source of governments revenue. this is only one of many imporatnce.
What is revenue allocation?
is the distritution of government or corporate income
Largest source of revenue for the federal government?
The largest source of revenue for the federal government has been individual income taxes and payroll taxes. These taxes account for 82% of all federal government income.
What tariffs were designed to provide income for the federal government?
revenue
What is the income received by the government from taxes called?
The income recieved by a government from taxes abd other nontax sources is called Revenue.
Which of these is the primary source of tax revenue for the national government?
income tax
What is the federal governments biggest single source of tax revenue?
The individual income tax is the government's biggest single source of tax revenue.
Does the US government get more revenue from private income tax or corporate income tax?
Well dah
