Want this question answered?
That information is frequently given as a percentage of GNP to make it easier to compare different years. The link provided has lots of data sorted different ways for these revenues and the government budget expectations: http://www.taxpolicycenter.org/TaxFacts/tfdb/TFTemplate.cfm?topic2id=20
Breakeven.
Net income
Taxes pay for the operation of the government as well as public services such as schools, police, social services, roads, etc. Most governments in the US will at least show you the percentages of taxes spent on major areas, and also will tell you the total revenues, so you can get a rough estimate of expenditures. Check the webpage of the government you are interested in.
Total revenues and gains minus total expenses and losses.
As 2011 CBO's Baseline Budget Projections 2011 Revenues Individual income Taxes 1,396 Billions Corporate Income Taxes 290 Billions Social Insurance Taxes 978 Billions Other 162 Billions For a total revenue of $2,825 Billions http://www.cbo.gov/sites/default/files/cbofiles/ftpdocs/99xx/doc9957/01-07-outlook.pdf
Total Revenues - All Expenses = Net Income
73 percent of total government revenues were derived from taxes. Tax evasion is not a serious problem in Chile.
That information is frequently given as a percentage of GNP to make it easier to compare different years. The link provided has lots of data sorted different ways for these revenues and the government budget expectations: http://www.taxpolicycenter.org/TaxFacts/tfdb/TFTemplate.cfm?topic2id=20
When smithston enterprises had total revenues of 35 million while it?
7.65
Breakeven.
Federal revenues, as a percent of total taxes collected by all levels of government, increased from 16 percent in 1940 to 51 percent in 1950.
Many taxes are used by the federal government to pay for its operating expenses. These taxes include income taxes, social security taxes, unemployment taxes, and excise taxes.
A loss.
A loss.
Service Corporation International had total revenues of $1.6 billion in 1996