1. However sweeping tax reforms, which broadened the tax base and increased government revenues, did not alter a policy of strict control of public finances. 2. Commentators instead emphasize that the poll tax is ultimately concerned with reducing local government revenue. 3. Charging drivers to use certain roads is also seen as a way of increasing government revenue. 4. Government revenues fell as the slump reduced taxation yields, while public spending rose as unemployment benefit payments rocketed. 5. Although slower growth is generally positive for bonds, because it reduces the likelihood of accelerating inflation, it also can raise concern government revenues will fall. 6. And as Prince Abdullah tries to ratchet up government revenue, his more profligate relations are busy increasing their spending to match. 7. And with one-third of government revenues coming from taxes on oil and gas that were steadily falling in price, it was difficult to foresee an improvement. 8. Archer argued that the tax cut would actually increase government revenues by sparking entrepreneurial activity. |