π Entity
Government revenue
How the state collects money
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1 news mentions Β· π 0 likes Β· π 0 dislikes
π Topics
- Energy Policy (1)
- Market Regulation (1)
- Economic Impact (1)
π·οΈ Keywords
Italian utilities (1) Β· Energy tax (1) Β· Stock market (1) Β· Government revenue (1) Β· Consumer prices (1) Β· Energy companies (1) Β· Windfall profits (1)
π Key Information
Government revenue or national revenue is money received by a government from taxes and non-tax sources to enable it, assuming full resource employment, to undertake non-inflationary public expenditure. Government revenue as well as government spending are components of the government budget and important tools of the government's fiscal policy. The collection of revenue is the most basic task of a government, as the resources released via the collection of revenue are necessary for the operation of government, provision of the common good (through the social contract in order to fulfill the public interest) and enforcement of its laws; this necessity of revenue was a major factor in the development of the modern bureaucratic state.
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People and organizations frequently mentioned alongside Government revenue:
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Energy tax Β· 1 shared articles
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Stock market Β· 1 shared articles