Question

How does Revenue of the Government increase by marketing?

Answer 1

${\texttt{\huge{\blue{ANSWER :-}}}}$

Policymakers can directly increase revenues by increasing tax rates, reducing tax breaks, expanding the tax base, improving enforcement, and levying new taxes. They can indirectly increase revenues through policies that increase economic activity, income, and wealth.

Answer 2

Answer:

Revenue Enhancement for Governments Raising the tax rate to about 45% can help maximize revenues and minimize distortions in the market like reduced labor supply and tax avoidance. If the government were to raise tax rates for ordinary taxpayers, it would distort the market.