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Source of government revenue

Updated: 4/28/2022
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Q: Source of government revenue
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Related questions

How can you use the word revenue in a sentence?

The main source of government revenue is taxes.


Where does the governmnet get its revenue from?

The main source of government revenue at all levels is from taxes.


The federal government's biggest single source of revenue is from?

Individual income tax is the federal governments biggest source of revenue. It has been the biggest source of revenue since 1950.


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 are the sources for revenue for local governments?

The main source of local government revenue is intergovernmental transfers.


Which is the Largest source of revenue to Indian government?

Excise Dept


What revenue source is a type of loan issued by the government?

bonds


Which is the major source of tax revenue for central government?

Citizens.


What are the main sources of revenue for local governments?

The main source of local government revenue is intergovernmental transfers.


What role does Social Security play in government revenue?

Social Security is the second largest source of revenue


What is revenue mobilization?

Revenue mobilisation means to receive or collect money from internal and external source of government


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.