The second largest source of income for the federal budget is
A) personal income taxes.
B) corporate income taxes.
C) payroll taxes.
D) inheritance taxes.
Correct Answer:
Verified
Q113: Which of the following is not true
Q114: The payroll tax represents
A)the largest source of
Q115: Harun earned $50,000 in salary and paid
Q116: A payroll tax with a 4.5 percent
Q117: Taxes on sales of liquor, tobacco, and
Q119: If Linda' annual income is $160,000 and
Q120: In 2005, the median income of renters
Q121: The United States Social Security system
A)pays benefits
Q122: If Ron earns $50,000 in salary and
Q123: The term "fiscal federalism" refers to
A)deficit financing
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