"Neither side is saying let's restore the revenue base because that means raising taxes."
So you need more people to get the same revenue base.
The fiscal balance law greatly increased the revenue base for local government.
"In the end, only tax cuts will provide the economic stimulation to grow our revenue bases."
"A discovery will have a bigger impact because they start from a smaller revenue base," he said.
Neither has a strong revenue base from manufacturing or high technology.
"Even with a reduction in our revenue base, we maintain good margins."
The revenue base is capped so it does not keep pace with the increase in national income.
We have now had four full calendar years of the new revenue base.
In fiscal year 1998-99, the government obtained slightly more than $166 million, or about 30% of its revenue base from imports.