The largest source of federal revenue is:

Name: The largest source of federal revenue is:
Brand: Quizplus
Rating: 4.8 (49 reviews)

Question

Quizplus · Accepted Answer

Individual income taxes make up the largest source of federal revenue, accounting for approximately 50% of all revenue collected by the federal government. Social insurance taxes (such as those collected for Social Security and Medicare) are the second largest source of revenue. Corporate income taxes and estate and gift taxes each make up a much smaller percentage of federal revenue.

The Largest Source of Federal Revenue Is