Revenue Neutral And Meaning
According to them revenue neutral is a constant ratio of taxes to total personal income over a 10 year period exactly how a constant ratio of taxes to personal income over a 10 year period is pertinent to revenue neutral tax reform this year seems nebulous at best.
Revenue neutral and meaning. Revenue neutral law and legal definition the term revenue neutral implies changes in the tax laws that result in no change in the amount of revenue coming into the government s coffers. Revenue neutral tax reform implies that taxation is not government theft. See synonyms for revenue neutral adjective of a change in taxation policy that does not alter overall tax revenue usually because it is offset by corresponding cuts or increases.
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