government revenue

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government revenue

The government revenue from property taxes funds local schools.

Definition

Noun: - Government revenue refers to the total income received by a government from various sources. This income is used to fund public expenditures, services, and obligations. It is the money that flows into the government's treasury.

Usage

Government revenue is a crucial concept in economics and public finance. It is typically discussed in the context of national budgets, fiscal policy, and taxation. - It is often categorized into types such as tax revenue (from income, sales, corporate taxes) and non-tax revenue (from fees, fines, or state-owned enterprises). - The term is used as a singular, uncountable noun when referring to the collective income.

Examples
  • Noun:
    • A decline in government revenue forced cuts to public services.
    • The new policy aims to increase government revenue without raising income taxes.
    • The report analyzes the sources of government revenue for the fiscal year.
Advanced Usage
  • "to bolster/boost government revenue": to strengthen or increase the government's income.
    • The administration proposed measures to bolster government revenue.
  • "shortfall in government revenue": a situation where income is less than expected or needed.
    • The economic downturn led to a significant shortfall in government revenue.
Variants and Related Words
  • Tax revenue (n): The part of government revenue that comes specifically from taxes.
    • Tax revenue accounts for the largest share of government revenue.
  • Fiscal revenue (n): A synonym often used in economic contexts, emphasizing the financial aspect of government income.
  • Public revenue (n): Another term with a very similar meaning to government revenue.
Synonyms
  • Public income
  • National revenue
  • State income
Related Phrases
  • Revenue collection: The process of gathering government income, especially taxes.
    • Efficient revenue collection is essential for a functioning state.
  • Revenue stream: A specific source from which revenue consistently comes.
    • Tourism is an important revenue stream for the island's government.
government revenue

The government revenue from property taxes funds local schools.

Noun
  1. income available to the government

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