Question

What is an example of something that increased tax revenue could pay for ?

Answer 1

Answer:

Increased tax revenue could pay for more government-provided services. This includes things like Social Security, Medicare, food stamps for the poor, infrastructure, etc.

Basically, an increase in tax revenue can raise money for the government to pay for more things that benefit the American people as a whole

Explanation:

Answer 2

Prominent business examples include expensing of new investments, low tax rates on overseas income, and the 20 percent deduction for qualified business income.