Since 1917, ________ taxes have been the chief source of revenue for the U.S. government.

Question

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Since 1917, the federal income tax has been the primary source of revenue for the U.S. government. Through this tax, individuals and businesses are required to pay a percentage of their income to the government, which is then used to fund public goods and services such as education, healthcare, and national defense. While property and sales taxes also generate revenue for the government, they are typically collected by state and local governments rather than the federal government. Import and export taxes, also known as tariffs, are another source of revenue, but they typically account for a much smaller portion of government revenue compared to income taxes.

Since 1917, ________ Taxes Have Been the Chief Source of Revenue