Revenue Enhancement (Noun)
Meaning
Charge against a citizen's person or property or activity for the support of government.
Classification
Nouns denoting possession and transfer of possession.
Examples
- A tax increase is considered a revenue enhancement measure by policymakers to fund new infrastructure projects.
- The city council proposed a revenue enhancement initiative to raise property taxes and support local schools.
- The utility company's rate hike can be viewed as a revenue enhancement strategy by citizens who oppose the change.
- Lawmakers imposed a new revenue enhancement policy on luxury goods to generate additional income for the state budget.
- Critics argue that the proposed revenue enhancement measures would disproportionately affect low-income households.