How can the government increase revenue?

Progressive ideas to raise more revenue, reduce tax avoidance, and reduce the tax gapRaise high-end tax rates. ... Stop favoring one type of income over another. ... Raise the estate tax. ... End “step-up basis.” ... Cap deductions on high-income taxpayers. ... Minimum foreign earnings tax. ... Financial transactions tax. ... A tax on carbon.More items... read more

Congress could increase the tax rates that apply to personal income, corporate income, payrolls, estates, and specific products like gasoline and cigarettes. Higher rates almost always yield higher revenues, even if people and businesses do less of the taxed activity. read more

15 Ways Insight Increases Revenue Opportunities for Government Services Governmental agencies will increase revenue in the followings ways using Insight: Account for the actual cost for fee-based services ensuring that governmental agencies recover the costs for those services. read more