The annual government budget dwarfs tax receipts.
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Tax plans that boost federal receipts ensure large budget deficits as far as the eye can see, not to mention a federal government whose size will continue to astound.
"It's far too early to be drawing definitive conclusions this early in the financial year, but it's a good start: net borrowing is lower than in April last year, the current budget position is better, receipts growth is very buoyant and spending is subdued, " said Investec economist Philip Shaw.
But a prolonged period of sluggish economic growth could rapidly make the budget numbers even worse, if tax receipts fall and government spending rises further.
And no concrete ideas are evident on how to resolve the financial crisis that the budget relies more on borrowing than tax receipts for annual revenues.
In a tight fiscal environment, the Bush administration has hewed closely to the receipts-based funding in its budget requests.
New York, facing a budget shortfall, is looking for extra tax receipts.
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Like all institutions of high culture in America, the Met depends upon the patronage of donors and private endowments for its survival: box-office receipts count for about half of its annual budget, which last year was two hundred and fifty million dollars.
EU's current arcane budget rules, although members make payments to the budget which are broadly in line with their relative wealth, their receipts depend to a large extent on how productive their farmers are.
And although it would be foolish to assume that the economy will maintain today's dizzy pace, or that tax receipts will remain so high, the danger that the budget deal is based on unrealisable assumptions is fading fast.
Believe it or not the federal budget deficit peaks by year-end and wends its way lower as tax receipts pick up.
Josephine County's budget was dependent on a federal subsidy program, which dispersed money to offset shrinking timber receipts to 33 counties in the state, he said.
The primary budget balance, which excludes net interest costs, thus providing a truer picture of government receipts minus expenditures in a given year, also appeared more favorable for the euro area in 2009.
After the trust fund is credited for all of its own receipts, exactly as in current law, the Treasury will be left with the unified budget surplus.
Mr. Obama complains in his budget that it's not fair that the rich get to deduct 35% for their mansions and charitable receipts, while the middle class deducts only 15% or 20%.
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