Question

What is tax revenue????​

Answer 1

When the economy is weak, for example, the Federal Reserve tries to boost consumer and business demand by cutting interest rates or purchasing financial securities. Congress, for its part, can boost demand by increasing spending and cutting taxes. Tax cuts increase household demand by increasing workers' take-home pay.

Answer 2

Heyaa Mate..!!

Here is your answer...→

Tax revenue refers to sum total of receipt from taxes and other duties imposed by the government.

i.) Tax is a compulsory payment, i.e., no one can refuse to pay it.

ii.) Tax receipt are spent by the government for common benefits of people in the country. A tax payer cannot expect that tax amount will be used for his direct benefit.

Hope It Helps..!!