Which of the following is not one of the major sources of federal revenues?
A) Personal income taxes
B) Corporate income taxes
C) Social insurance taxes
D) Sales taxes
E) Borrowing
Correct Answer:
Verified
Q22: A budget deficit occurs when expenditures exceed
A)revenues.
B)borrowing.
C)appropriations.
D)inflation.
E)authorizations.
Q23: The fastest growing source of federal revenue
Q24: The picture of the federal budget is
Q25: Corporations today pay
A)income taxes,which account for most
Q26: A tax system where those with more
Q28: A policy document allocating burdens and benefits
Q29: Congress was officially given the power to
Q30: The total national debt is projected to
Q31: Large budget deficits can constrain government,for example,as
Q32: The first income tax in America was
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