The three most important sources of federal tax revenue in order of descending importance are
A) sales, payroll, and personal income taxes.
B) personal income, corporate income, and sales taxes.
C) personal income, corporate income, and payroll taxes.
D) personal income, payroll, and corporate income taxes.
Correct Answer:
Verified
Q89: The largest category of federal spending is
Q90: The largest source of tax revenue for
Q91: An income tax is progressive if the
A)absolute
Q92: The tax rates embodied in the federal
Q93: Government purchases and transfer payments
A)differ because the
Q95: Transfer payments are about _ percent of
Q96: Total governmental purchases-federal, state, and local combined-accounted
Q97: In 2018, "Tax-Freedom Day" (the day average
Q98: The maximum federal marginal tax rate on
Q99: In determining one's personal income tax, taxable
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