Revenue Neutral Sales Definition

The revenue neutral tax rate is a bundle of contradictions.

Revenue neutral sales definition. The tax provides an incentive to reduce fossil fuel use and the revenue neutrality reducing income or other taxes in amounts more or less equal to the amount of carbon tax revenues that the government receives makes the whole exercise rather painless. Revenue is the total amount of money generated by a company. Fiscal neutrality creates a condition where demand is neither stimulated nor. Sales are the total consideration accrued from selling goods or services by a company.

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. Wikipedia lexilogos oxford cambridge chambers harrap wordreference collins lexibase dictionaries merriam webster. Search revenue neutral and thousands of other words in english definition and synonym dictionary from reverso. Differences between revenue vs sales.

For example a provision may require individuals to pay less tax but corporations will pay correspondingly more taxes. Although revenue and sales are considered the same in many cases there is still a slight difference between revenue vs. 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. Sales are a subset of revenue.

Fiscal neutrality occurs when taxes and government spending are neutral with neither having an effect on demand. It is intended to make the property tax reappraisal and rate setting process more transparent but instead it often muddies the waters. You can complete the definition of revenue neutral given by the english definition dictionary with other english dictionaries. The political appeal of a revenue neutral carbon tax is clear.