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Q: What Money collected by the government form various sources is known as?
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Money collected by the government from various sources is known as?

Money that is collected by a government through various sources is referred to as revenue. This revenue is typically collected through taxes.


Money collected by the government from various sources is known as what?

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Why are income taxes collected?

Because the Government needs money.


Where does the US government get the money to pay representatives and senators?

From taxes collected by the federal government.


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".


Where does the money to pay postal workers come from?

The money to pay postal workers come from the taxes collected by the government. This is part of the government expenditure.


What greatest proportion of the money used for government spending is collected from?

Income Tax.


What level of government uses money collected from taxes to pay for fire and police protection?

Usually local government.


What is the money the state bring in?

The money that a state brings in comes from various sources such as taxes, fees, fines, and federal government grants. This revenue is used to fund public services and infrastructure projects within the state.


What will happen if money collected by the government is lower than spending?

what time does mcdonalds serve lunch


Explain taxes as a sources of fund?

All of the money taxes that is collected from the taxpayers would be a source for the fund. And the source of the fund would be the taxpayers that are paying the money tax to the fund.


What did thomas Jefferson do to lower us debt?

Tariffs and money collected from sales of western lands were the chief sources of revenue when Jefferson was president.