Personal income tax as a source of government revenue is increased when the
Answer Details
Personal income tax is a tax that individuals pay on the income they earn. The government generates revenue from personal income tax by applying a certain percentage or rate to the taxable income of individuals. Therefore, when the tax rate is raised, more tax revenue is generated for the government. This happens because individuals have to pay a higher percentage of their income as tax, resulting in an increase in the overall revenue from personal income tax.