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The introduction of these taxes generated a huge polemic nationwide.
In 1993, 1994 and 1995, these Superfund taxes generated more than $2 billion a year.
Taxes generated 23.7% of its income while oil and gas sales made up 27.7%.
By 2009, payroll taxes generated more than six times as much revenue.
The gain would have been realized through sales taxes generated from the project and new property taxes from the development.
In recent years, the authority has been flush with cash, running large surpluses due largely to taxes generated by the booming real estate market.
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Taxes generate the great bulk of the national revenue.
In 2002, 19 states increased cigarette taxes, generating $2.9 billion in new funds.
Property taxes generate more than one-fifth of the city's annual budget.
Today, the corporate tax accounts for 8.9% of federal tax revenue, whereas the individual and payroll taxes generate 41.5% and 40.0%, respectively, of federal revenue.
Austerity has in practice largely meant laying off civil servants and cutting social spending, because raising taxes generates little revenue in a collapsing economy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com