0
What else can I help you with?
What terms can be used to describe money that is earned by government when it levies taxes?
revenue
What do levies do?
They remove money from you, (it is another word for taxes).
What does it mean when government spending exceeds tax collections?
If more money is spent than earned or taken in then the person or government is broke and have no money. No taxes=no money for services.
What is the tax based on the amount of money earned?
Income Tax is a tax based on the amount of money earned.
What is the term used to describe the situation when the government spends more money than it collects in taxes?
The term used to describe the situation when the government spends more money than it collects in taxes is called a budget deficit. This occurs when government expenditures exceed its revenues, leading to the need for borrowing or increasing debt to cover the shortfall. Persistent budget deficits can raise concerns about fiscal sustainability and economic stability.
What can be used to describe money that is earned by government when it levies taxes?
revenue
What terms can be used to describe money that is earned by government when it levies taxes?
revenue
What term can be used to describe money that is earned by government when if levies Texas?
The term used to describe money earned by the government through levies in Texas is "tax revenue." This revenue is collected from various taxes, including property taxes, sales taxes, and income taxes, which are levied on individuals and businesses. The funds generated are used to finance public services and infrastructure within the state.
What does it mean by A sum of money placed on a person property income of an individual by a government?
Sounds like a description of levies, or taxes.
What do levies do?
They remove money from you, (it is another word for taxes).
What are levies?
Levies are sums of money, similar to a tax, which are added to the purchase price of an object or service. ...
How does the government get money to pay for tax credit?
The same way it gets money to pay for anything else: 1) Borrowing 2) Taxes 3) User fees, fines, levies
What does it mean when government spending exceeds tax collections?
If more money is spent than earned or taken in then the person or government is broke and have no money. No taxes=no money for services.
After winning a large sum of money after sueing a bar does the government tax that money?
Yes the money you've earned will be taxed when you spend it.
Which of these does not describe representative money?
it only has value because the government says it does
What is the meaning behind the term Fiat money?
Fiat money is the term used to describe money that has it's value determined by the law or government. This means that most currencies are fiat money as most currencies are government issued.
How would you describe tax law?
Tax law requires the payment of money to the government; there is no choice.
