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What is theory of public revenue?

public revenue is the government income


Is revenue another name for government income?

No. "Revenue" is any kind of income; it means "money collected". The government uses the word "revenue" to mean "money collected by the government", because the government is mostly concerned with how much money THEY collect, as opposed to somebody elses' revenue. The specific term for "government income" is a "tax".


What is government income called?

Government money is called Revenue


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.


What is revenue allocation?

is the distritution of government or corporate income


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 tariffs were designed to provide income for the federal government?

revenue


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.


Which of these is the primary source of tax revenue for the national government?

income tax


What is the federal governments biggest single source of tax revenue?

The individual income tax is the government's biggest single source of tax revenue.


Does the US government get more revenue from private income tax or corporate income tax?

Well dah


How are nontax revenue important in funding the government?

Nontax revenue, such as fees, fines, and income from government-owned enterprises, plays a crucial role in funding government operations by providing an additional source of income beyond traditional tax revenues. This diversified revenue stream helps stabilize budgets and reduce reliance on fluctuating tax collections, especially during economic downturns. Additionally, nontax revenue can fund specific programs or services, enhancing government efficiency and flexibility in meeting public needs. Overall, it contributes to a more resilient fiscal framework for government financing.