Which of the following types of taxes provide the least revenue for the federal government?
A)Corporate taxes
B)Income taxes
C)Payroll taxes
D)Sales taxes
E)Property taxes

Question

Quizplus · Accepted Answer

Sales taxes typically provide the least revenue for the federal government compared to other types of taxes. This is because sales taxes are usually collected by states and local governments, not the federal government. While the federal government does have some authority to collect sales taxes on certain goods and services, such as gasoline and telephone services, these taxes do not generate as much revenue as income and payroll taxes.

Which of the Following Types of Taxes Provide the Least