tax revenue
Học thuậtThân thiện
Definition
Noun: - Government income due to taxation: This term refers to the total amount of money that a government collects through various forms of taxes. It is a primary source of public revenue used to fund government operations and services.
Usage
"Tax revenue" is used to discuss the financial income a government receives from its taxation systems. It is a formal term common in economics, public policy, and government reporting.
Examples
- The state's annual budget relies heavily on tax revenue.
- A decrease in corporate profits can lead to a shortfall in tax revenue.
- The report analyzed tax revenue from property and sales taxes.
Advanced Usage
- As a key economic indicator: "Tax revenue" is often analyzed to gauge the health of an economy and the effectiveness of fiscal policy.
- Fluctuations in tax revenue can signal changes in economic activity.
Variants and Related Words
- Taxation: (noun) The act or system of imposing taxes.
- Revenue: (noun) Income, especially of a government or large organization.
- Fiscal revenue: (noun) A synonym often used in formal economic contexts.
Synonyms
- Government revenue
- Public income
- Fiscal receipts
Related Terms and Concepts
- Tax base: The total amount of assets or income that can be taxed.
- Tax yield: The revenue produced by a particular tax.
- Budget deficit: A situation where government spending exceeds tax revenue.
Noun
- government income due to taxation