What constituted the majority of federal government revenues in 1860?
A) Property tax.
B) Tariffs.
C) Income tax.
D) Fees and Licenses.

Question

Quizplus · Accepted Answer

In 1860, the majority of federal government revenues came from tariffs, which are taxes on imported goods. Income tax was not introduced until during the Civil War, and property taxes were more commonly levied at the local or state level, not federally. Fees and licenses contributed to revenue but not as significantly as tariffs.

What Constituted the Majority of Federal Government Revenues in 1860