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Tax revenue is....

A
money that comes from untaxed items

B
money that state spends on goods and services

C
monthly expenditure by the state

D
money that the state collects from good, services, sales, property, and income.


Sagot :

Tax Revenue is money that the state collects from goods, services, sales, property, and income. Therefore, Option D is the answer.

Tax revenue is defined as the revenue collected from income, profits, goods, and services, property, payroll taxes, ownership taxes, etc. It is collected by the country's government. It is considered a measure of the degree to which the government controls the economy's resources.

Tax Revenue is usually measured in millions of US Dollars and as a percentage of GDP (Gross Domestic Product). GDP is defined as the market value of all goods and services, produced and sold in a specific period by various countries.

Tax Revenue includes taxes like VAT (Value Added Tax), sales tax, state tax, etc.

To know more about Tax Revenue,

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