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.Difficulty: 01 Easy
Correct Answer:
Verified
Q1: Proprietary income refers to
A) revenue flowing to
Q6: Transfer payments are about percent of U.S.
Q9: Which of the following is not an
Q10: Government purchases and transfer payments
A) differ because
Q18: The largest category of federal spending is
Q19: The addition of government to the circular-flow
Q24: The average tax rate is
A) equal to
Q25: The marginal tax rate is
A) the difference
Q34: Assume that in year 1 you pay
Q40: The average tax rate is
A) equal to
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