What's it: Government revenue is money earned by the government for carrying out its activities. Taxes are the main source. In addition, the government also derives its revenue from non-tax sources such as contributions from state-owned
Government Revenue
Net Tax in Macroeconomics: Formula, Effects on the Economy
What's it: Net tax equals government tax revenue after deducting transfer payments. It represents the remaining revenue to finance government spending. Changes in net taxes are closely related to economic growth. For example, tax revenue