Which of the following is not a source of government revenues?
A)personal income taxes
B)transfer payments
C)corporate income taxes
D)indirect taxes
E)investment income

Question

Quizplus · Accepted Answer

Transfer payments are payments made by the government to individuals or organizations without any expectation of goods or services in return. Hence, transfer payments are not a source of government revenue, but rather a government expenditure. The other options listed, such as personal income taxes, corporate income taxes, indirect taxes, and investment income, are all sources of government revenue.

Which of the Following Is Not a Source of Government