Tax is a source of public revenue. True/False
Answers
Answered by
1
True
Explanation:
- Tax is indeed one of the injectors in the functions of government.
- Consumption+Investment+Government spending+ (Net exports) is what makes up aggregate demand. And the opposite of that is the public revenue.
- The public revenue is what is generated from the government. Examples of all public revenue include, taxes, various sorts of fees, sale of certain public goods, donations,etc.
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0
Taxes are the first sources of revenue of public.
True
Explanation:
- All taxes which are apply or created by the Govt. which is compulsory to be paid on time by the tax payers.
- There is not any direct benefit or returns are existing for the tax payers.
- All Taxes, which is paid by the tax payers, are used to provide similar benefits to mostly for public welfare.
- There is different type of public revenue sources which is (Viz. central and state and local Govt.)
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