Government Revenue And Expenditures

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.    Due Thursday    Respond to the following in a minimum of 175 words:    Identify the main sources of revenue for and the largest expenditures made by federal, state, and local governments.     Reply to at least 2 of your classmates. Be constructive and professional in your responses. Rachel 26 minutes ago, at 3:40 PM NEW Class,   The main sources of revenue for the federal government comes from taxes charged via income taxes, payroll taxes and corporate taxes. Furthermore, state and local governments also earn a majority of their revenue through the collection of various taxes to include, sales tax and property taxes. The taxes collected by the federal government are largely spent on things like social security, medicare, and other health care programs. On the other hand, the taxes collected at the state and local levels are largely spent on things like education, heath and there social service programs. Most people are aware of the obvious expenditures for governments like roads and other public areas because we use them often. However, not many people realize that other social service programs and even some housing assistance programs are paid for in large part by taxes collected through sales tax, property taxes and other avenues. Overall, taxes allow all of us the opportunity to contribute towards the well being of everyone and the enjoyment of life in our particular areas, even if many are not too fond of them.   References Freda 15 hours ago, at 1:00 AM NEW One of the main resources of revenue is taxes. Taxes represents the largest source of revenue for state and local governments. State and local governments tend to obtain the largest portion of tax revenues from property taxes and sales and gross receipts taxes. State and local governments collect tax revenues from three primary sources: income, sales, and property taxes to fund projects that the government have planned. Another large source of revenue is individual income taxes. Income and sales taxes make up the majority of combined state tax revenue, while property taxes are the largest source of tax revenue for local governments, including school districts. Education is number one in government spending. The next most spending would be from public welfare. as well as insurance trust expenditures, and utilities. State and local governments spend most of their resources on education, health, and social service programs. These are programs that mean the most in a community   With federal spending, it can be divided into three different categories which are mandatory, discretionary, and interest on the debt. Mandatory spending has a lot of parts, but the largest ones are major healthcare programs (Medicare and Medicaid) and Social Security. | NEW Laurie 11/3/20, 2:42 PM The basic answer to this question is simplistic. The government receives its primary sources of revenue from taxes. These are primarily the income taxes we pay as individuals and as corporations. As we consider this, we should reflect on the recent legislation that was passed by Congress and signed by the President. While all Americans were granted a filing extension till July 15th, those Americans receiving refunds were encouraged to file quickly. The government also authorized many payouts to Americans and to small businesses to ease the strain of the stay at home restrictions many are faced with making them unable to go to work and forcing the closing of many small business to avoid close contact of individuals. One has only to Google the National Debt Clock to know where our national debt currently is. As the debt continues to increase, and as many nations are faced with the same economic constraints as the United States due to Covid-19, what methods can the government use to fund these outlays of cash. No, there will not be the physical printing of money. That does not happen., That would cause rampant inflation and that would be worse than any imaginable effects from a recession. What will the effects be on future ability to raise capital?   The government normally funds national defense, public welfare, and highways, as they are public goods. What is the definition of a public good and how does it differ from a common or private good? How do you feel these funding’s will be affected by the recent legislation?

Don't use plagiarized sources. Get Your Custom Essay on
Government Revenue And Expenditures
From $10/Page
Order Essay
My Course Writer
Order NOW For A 35% Discount!
Pages (550 words)
Approximate price: -

Why Choose Us

Quality Homework Writing

Do you need to ace your test? We have qualified writers to assist you in writing 100% quality homework writing. Mycoursewriter offers students unique and personalized custom papers that help them in getting good grades. Our academic experts will assist you with your dissertation papers, thesis writing, research papers, term papers, and case study homework help. Our writers are experienced and have perfected the art of crafting the best essay writing papers regardless of your academic level. Order now and get our superb homework writing services.

Expert Academic Writers

A student needs professional assistance outside class time. Before hiring our writers, they undergo thorough tests and strict educational backgrounds. After passing a test, our writers undergo training to ensure they deliver expert professional papers to our customers. We ensure they meet the timely delivery of papers and follow our customers' provided instructions. Every writer is an ENL writer and is from the USA, Canada, UK, or Australia. Our experts approach papers effectively depending on their area of specialization.

Affordable Price Guarantees

Is the deal too good to be true? Mycoursewriter is the most affordable assignment help website on the market. We consider students' daily needs for academic help. Our paper costs are reasonably priced to approximately 90% of students around the globe. Our main aim is to ensure students achieve academic excellence, and we believe inconsiderable prices should not hinder students from getting quality homework writing help. In case of any dissatisfaction, we offer unlimited revisions and rewrites without extra charges.

Timely delivery of papers

Tight deadline? Is your paper due in the next few hours? Worry no more. Our writers are here for your rescue. Many college students find it hard to balance their social and academic life and get caught up with academic deadlines. Drafting your paper at the last minute does not allow you to conduct extensive research and craft the correct answers. We have expert writers ready to work on your assignment writing. Urgent writing services are the ultimate solutions you need. We guarantee you timely delivery of papers at your convenience and specified time delivery of the customer.

100% Original Tasks

The ultimate deal-breaker in achieving good grades is submitting imitative papers. Plagiarism is a breach of examination standards and has serious consequences. Students need to deliver papers written in their understanding by paraphrasing their research findings and relevant citations. Our expert's primary consideration is providing free plagiarized papers that meet the lecturers' requirements. Our editors will proofread your paper before delivery ad ensure your papers will not be substandard. We guarantee extreme originality, and in case of any customer concerns, we offer a plagiarism report.

All Round the clock Customer Support

Our website is user-friendly and super useful! Mycoursewriter is the most trusted online writing website always available to provide you with assignment writing services that you need. Our primary concern is meeting customer need specifications by our friendly customer support team that Is available all the time. Our website usability is self-learnable but in case of any problem, feel free to contact us directly through our website email: We have diligently satisfied thousands of students, and you can witness this on our sites' review page.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Advantages of Using Our Assignment writing Services

Mycoursewriter welcomes you for superb essay writing services. We are a legit site offering help with your most challenging homework writing assignments at affordable prices. Your essay paper will be assigned to a professional writer who will craft the paper from scratch according to your provided instructions.


Essay Writing and Proofreading Services

Essay writing is a common assignment writing for most college students. It takes a lot of time to craft a complete perfect essay. Mycourserwiter offers the best essay writing and proofreading services for most college students. Your paper is assigned to an expert writer who does thorough research on fresh ideas and personalizes your essay paper according to your assignment writing guidelines. Our essays are entirely exceptional and undergo a strict procedure that includes papers free from plagiarism and thorough proofreading.


Admission and Business Papers

Writing an admission paper is not every student's desire, and this should not hinder any student from earning an admission. Writing a perfect personal statement to earn a position in a dream school or job can be stressful. Personal statements should display a high level of confidence and uniqueness. Admission essays require you to have a vast knowledge of the current happenings in the world and knowhow of the business world. We have qualified writers with skills who will write your admission paper through comprehensive research. All you have to do is provide us with little details about yourself, instructions and our writers will craft a perfect paper for you.


Editing and Proofreading

Mycoursewriter offers you assignment writing services free from grammatical and formatting mistakes. An error-free paper is significant in scoring the desired maximum grades. We have a team of editors who will go through your paper after our expert writers have delivered their fully crafted papers. Our writers will cover all the aspects of your paper instructions, such as fonts, spacing, and educational formats. Our team of editors will check through your paper to make sure it meets the formatting style provided in the paper instructions. Under no circumstances will a poorly formatted paper will be forwarded to you as our team of editors will ensure careful proofreading.


Technical Papers

Assignment writing is part of a learning process, and one may not have the knowledge to answer all questions correctly. This should not be a stress to you as we have qualified essay writing experts to help you. Our qualified writers are holders of PhDs, Degrees, and Masters in different areas of study and can handle any papers regardless of the complexity. Multiple assignments may be challenging to finish on time. Our skilled professional writers are here to assist you in crafting all the correct answers for your assignment. Stop stressing about your homework writing and place an order with us, and our expert writers will provide you with the best assignment help.

Open chat
Chat with us Live Here
Get in Touch with Our Live Chat Agents via WhatsApp on +1(346) 416-0954. Get Unlimited Access to Answers on Any Queries With Your Paper.