Less money on healthcare means less money circulating and so less tax revenue.
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The feds assume a relationship between the economy and tax revenue that is divorced from reality.
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Slower growth means fewer jobs and less tax revenue for federal, state and local governments.
Farmers alone produce too little tax revenue to pay for planned roads, electricity, schools and hospitals.
The original state then loses all the tax revenue from these fleeing high wealth taxpayers.
Realistically, charitable deductions and tax breaks for charitable organizations make a dent in tax revenue.
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They want the estate tax revenue, but worry about chasing wealthy seniors across state borders.
So that saving in benefit payments, and potential extra tax revenue, falls in this year.
Just as the tax revenue is greater than the call on the public purse.
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Under the above changes the increase in tax revenue from the wealthiest 1% would be huge.
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Almost any development could create greater tax revenue than a single home or two.
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That is because federal tax revenue would continue to roll in as required by law.
It can pay off the bonds out of other incoming tax revenue as well.
Worse, Rhode Island has lost the additional tax revenue that this income could have produced.
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States need sales tax revenue to pay for roads, schools, police and fire departments, and more.
Sales tax revenue has been steadily declining for the past decade as online shopping has grown.
Whether it harms economic activity enough to reduce total tax revenue is an open question.
The combination of an aging population, low tax revenue and rising debt make these fears palpable.
The austerity has severely lowered growth and tax revenue prospects as affirmed by the IMF.
The city embarked on the Town Center project to generate more sales tax revenue.
Those deficits are the remnants of the decline in that tax revenue, Hoffmeister says.
Its current budget term ending June 30 counts on millions in tax revenue now at risk.
Also a bit like share prices, tax revenue can go up as as well as down.
Without a stronger domestic economy, growth will not generate enough tax revenue to reduce the debt.
Another surprising theme has been the amazing stability of tax revenue as a percentage of GDP.
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With the project stalled, it hasn't produced the expected local jobs and tax revenue.
You see, the more people that are employed, the more tax revenue government will collect.
Pitt instead created a sinking fund, using tax revenue to buy back bonds in the market.
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It would get more tax revenue from a retailer than from a tax-exempt church.
Faso recognizes that as the economy grows, more businesses are created, which in turn leads to more tax revenue.
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