Question

The primary way government raises revenue is through

Answer 1

Taxes and Borrowing is the primary way government raises revenue.

Answer 2

Answer: Collection of taxes

Explanation:

Taxes are known to be a sum of money usually imposed on persons, properties, goods and services and corporate organisations by the government of a country. This is done in order to generate revenue for the country which can be collected by the federal, state or local government. For example: property taxes are collected by local government. Thus, these taxes are used in providing basic social amenities and infrastructures for citizens such as: education, good road, sewage system, electricity, street light and so on.