Asked by
Jonathan Sabinson
on Oct 13, 2024
Verified
The largest source of federal tax revenue comes from
A) individual income taxes.
B) social insurance receipts.
C) corporation income taxes.
D) excise taxes.
Federal Tax Revenue
The financial income generated by the government through taxation, which includes individual income taxes, corporate taxes, and other taxes.
Individual Income Taxes
Taxes levied by a government on the income earned by individuals or households within their jurisdiction.
- Establish the leading origins of tax receipts within federal and state jurisdictions and their value.
Verified Answer
TB
Learning Objectives
- Establish the leading origins of tax receipts within federal and state jurisdictions and their value.