tax revenue
Fiscal collection proceeds
Tax revenue is money collected by a government through taxes—on income, property, sales, imports, and the like.
It funds public services: roads, schools, defense, social programs.
The city's tax revenue fell sharply during the recession.
Economists and politicians debate how tax policy affects total revenue, since rates that are too high may discourage the activity being taxed.
Formal evaluation of worth
- withholdingKeeping from another
- filingStoring documents systematically
- complianceAdhering to requirements
- auditFormal accounts examination
arrears · IRS · enforcement · returns · taxable income · liability · refund · deduction
Unauthorized claiming or allocation
- allocationDistribution of shares
- expenditureMoney paid out
- spendingOutlaying of funds
- fundingSupplying monetary resources
surplus · deficit · public services · infrastructure · education · healthcare · military · welfare
State spending and taxation
- austerityEnforced economic stringency
- expansionaryPromoting increase in size
- contractionaryCausing economic reduction
- redistributionSharing out again differently
government bonds · deficit financing · Keynesian · discretionary spending · budgetary policy
National output abbreviation
- gross domestic productTotal national economic output
- national incomeCountry's total earnings
- economic growthSustained output increase
- fiscal stimulusGovernment spending to boost economy
recession · prosperity · public debt · government borrowing · deficit spending · surplus funds · macroeconomics · economic indicators
assessment
Formal evaluation of worth
- withholdingKeeping from another
- filingStoring documents systematically
- complianceAdhering to requirements
audit · arrears · IRS · enforcement · returns · taxable income · liability · refund · deduction · exemption
appropriation
Unauthorized claiming or allocation
- allocationDistribution of shares
- expenditureMoney paid out
- spendingOutlaying of funds
funding · surplus · deficit · public services · infrastructure · education · healthcare · military · welfare · pensions
fiscal policy
State spending and taxation
- austerityEnforced economic stringency
- expansionaryPromoting increase in size
- contractionaryCausing economic reduction
redistribution · government bonds · deficit financing · Keynesian · discretionary spending · budgetary policy
GDP
National output abbreviation
- gross domestic productTotal national economic output
- national incomeCountry's total earnings
- economic growthSustained output increase
fiscal stimulus · recession · prosperity · public debt · government borrowing · deficit spending · surplus funds · macroeconomics · economic indicators · fiscal health
tariff
Tax on traded goods
VAT · GST · stamp duty · tithe · user fees
- African economicsGDP, GDP growth, foreign investment, trade deficit, trade deficits
- federal revenueIRS, customs duties, import duties, licensing fees, user fees
- government revenuecustoms duties, fees, tolls, fines, federal grants
- South African EconomyAnglo American, De Beers, mining industry, diamond mining, gold trade
- State EconomiesGDP, economic development, job growth, unemployment rate, median income
- taxationtaxable income, VAT, withholding, deductions, deduction
tax revenueafter-tax income
Earnings post-deductions
take-home pay · personal income · business profits · corporate earnings · wage income
tax revenuegovernment spending
State allocation of funds
public expenditure · federal spending · appropriations · public spending
tax revenuetax refund
Returned excess withholding
tax rebate · tax relief · tax credit · government subsidy · tax exemption
tax, taxing, revenue, taxed, taxes, taxation, revenues, overtaxed, overtax