tax revenue

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Certainly! Let's break down the term "tax revenue."

Definition:

Tax revenue is a noun that refers to the money that the government collects from people and businesses through taxes. This money is used to pay for public services and programs, like schools, roads, and hospitals.

Usage Instructions:

• You can use "tax revenue" when discussing government finances or budgets.
• It is often used in contexts related to economics, politics, and public administration.

Example Sentence:

• "The city increased tax revenue by raising property taxes to fund new schools."

Advanced Usage:

In more complex discussions, "tax revenue" can be analyzed in terms of its impact on the economy, such as how it affects government spending or public investment.

Word Variants:

• Tax (noun): A compulsory contribution to state revenue.
• Revenue (noun): The income generated from normal business operations.
• Taxation (noun): The system of collecting taxes.

Different Meaning:

While "tax revenue" specifically refers to money collected from taxes, "revenue" can also refer to income from other sources, like sales or services, not just taxes.

Synonyms:

• Tax income
• Tax proceeds
• Government income

Idioms and Phrasal Verbs:

• "Tax burden": This refers to the financial pressure on individuals or businesses due to taxes.
• "Tax loophole": This means a way to legally avoid paying taxes, often through specific provisions in the tax code.

Summary:

In summary, tax revenue is the money that governments collect through taxes to fund public services. It's an important concept in discussions about government budgets and economic health.

Academic

Noun

1. government income due to taxation

Synonyms

• tax income
• taxation
• revenue