Also known as: revenues · tax revenue · public revenue
Written by attorneys · grounded in primary & secondary sources — see below
Income or receipts received by a government or private entity from taxes, fees, sales, rents, or other sources.
Roland Rhodes, a senator, introduces legislation imposing new excise taxes on imported goods. The bill is referred to a Senate committee for markup. Because the measure raises revenue, the House must originate it under the Constitution, so the Senate version cannot proceed to enactment without House action first.
Renee Rogers declines to purchase health insurance for the year. The IRS collects a monetary exaction from her when she files her return. The amount varies with her income and filing status and is projected to produce substantial government receipts. The exaction functions as a tax for constitutional purposes despite its statutory label.
Select any source to read its text and confirm it supports the definition.
Rosa Ruiz creates a trust authorizing distributions for a beneficiary's health, education, support, or maintenance. The trustee applies the ascertainable standard drawn from the Internal Revenue Code provisions referenced in the uniform trust statute to determine the permissible scope of payments without triggering adverse tax consequences.
Rhea Reynolds imports a shipment of goods subject to a federal duty. The statute caps the duty at ten dollars per person for the migration or importation of persons, preventing Congress from imposing higher charges before the constitutional deadline passes.
Ruby Rivera applies for disability benefits financed by payroll tax revenues. After termination of benefits, she faces foreclosure and repossession, illustrating how the program's revenue stream from employee and employer taxes supports ongoing payments to eligible workers.
Riverfront Developments owns Grand Central Terminal. Statements of revenues and costs prepared for litigation show net operating losses after allocation of expenses, which the court examines to determine whether landmark restrictions deprive the owner of reasonable beneficial use of the property.
Legislation qualifies when its primary purpose is to raise revenue through taxes, duties, or similar exactions. The constitutional requirement focuses on the bill's character rather than incidental revenue effects.
Supporting sources
A court examines the exaction's operation and effect, including whether it is collected by the IRS, varies with income, and is expected to raise substantial revenue, rather than relying on the label Congress assigns.
Supporting sources
The reference ensures that trust distribution standards for health, education, support, or maintenance align with federal tax provisions that avoid unintended gift or estate tax consequences for the settlor or beneficiaries.
Supporting sources
Congress may impose a tax or duty on importation but cannot exceed ten dollars per person before 1808, after which the migration or importation clause no longer restricts such charges.
Supporting sources
…beneficial use of the property. The Appellate Division held that the evidence appellants introduced at trial—“Statements of Revenues and Costs,” purporting to show a net operating loss for the years 1969 and 1971, which were prepared for the instant litigation—had not satisfied their burden.[^maj-21] First, the court…