Each governmet strives to manage economic resources. And Tax revenue in most governments is the most dependable source of such economic resources in morden economic setup Therefore depending on government's fiscal policy,tax payers will either be happy with service delivery by government or not. By and large no tax payer is happy to remit tax. Therefore as long as its law and it is enforced tax payers are made to pay, thus raising their expectations from gorvenment. Being economic players tax payers want to maximise benefit from tax paid and minimise on tax paid. Therefore each government affects tax payers to the extent that they make a balance between amount of tax liable to payers and goods and services to benefit payers. To some extent laws formed and policies drafted affect tax payers and their economic benefits.
Taxes
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.
The main source of government revenue at all levels is from taxes.
The government raised revenue by increasing taxes.
The main source of government revenue is taxes.
Taxes
banks taxes
Taxes
When there are a lot of people without jobs, the government's tax revenue will likely decrease. This is because unemployed individuals are not earning taxable income, leading to lower income tax revenue for the government. Additionally, decreased consumer spending by those without jobs can also impact sales tax revenue. Overall, high unemployment rates can significantly impact the government's ability to generate revenue through taxes.
AnswerTaxes, taxes and more taxes
Tax revenue is the income that the government gets from individuals paying their yearly taxes. Anytime taxes are taken out of your paycheck, that goes to the governments tax revenue.
revenue law is a law pertaining to the collection of taxes to cover government expenses. They collect these taxes and place them into the treasury.