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Why is the burden of a tax to taxpayers greater than the revenue received by the government?
Wiki User
∙ 13y ago
Because taxpayers suffer an administrative burden when complying with government taxes. The burden to taxpayers is more than just monetary payments to the government. That burden is the process of figuring out the tax code, the proper way to complete taxes, and possibly paying an accountant. This administrative burden makes the burden to taxpayers greater than the revenue received by the government.
Wiki User
∙ 13y ago
Anonymous
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How could you use revenue in a sentence?
The government raised revenue by increasing taxes.
The revenue received from the sale of an additional unit of a product is called what?
The marginal benefit to the firm
What are the 2 main sources of government revenue?
sources of government revenues
Can marginal revenue ever be negative?
no,marginal revenue cannot be ever negative.this condition is only applies when price effect is on the revenue is greater than output effect
What is the Concept of revenue?
Average revenue (AR): total revenue per unit of a product sold; Total revenue (TR): total number of dollars received by a firm or firm from the sale of a product; Marginal revenue (MR):additional revenue received result from the sale of an extra unit of product; Under perfect competition P=AR=MR and the firm's demand curve is flat.
What is federal revenue?
AnswerTaxes, taxes and more taxes
Which government agency is responsible for collecting taxes and educating taxpayers about their respondsibilities?
Internal Revenue Service
When did hm customs and excise merge with the inland revenue?
Because the government thought it would be easier for taxpayers to deal with a single government department. The reality has been somewhat different.
How does government pay for the goods and services that it provides to the public?
If you mean who pays for the government, then it is the taxpayers money. All the money that you pay in government fees, road tolls, rates and taxes all go to the government.
What is the definition of revenue?
The definition of revenue for a company is the amount of money that they received for sold goods or services provided in a specific time frame. For the government is means the increase in assets of government funds.
How do the three level of government get their money?
your lucky i did this an r.e last Tuesday .income tax .national insurance .V.A.T .e.t.c
When a government funds programs at levels greater than the revenue it is receiving?
budget includes deficit spending
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.
Why does CBC Canada run such crappy shows and complain to taxpayers about losing revenue?
BECAUSE THERE Canadian's!!!!!!!!!!!!!!!!!!
Is commission received a revenue?
It is a source of income/revenue.
Where does most government revenue come from?
Most government revenue comes from us
What is profit in a company?
profit in a company this is increase in revenue received by the company. profit in a company this is increase in revenue received by the company.
