Of the following,the federal government obtains most revenue from

Name: Of the following,the federal government obtains most revenue from
Brand: Quizplus
Rating: 4.7 (52 reviews)

Question

Quizplus · Accepted Answer

The federal government obtains the most revenue from personal income taxes, which accounted for 50% of its total revenue in 2019. Corporate income taxes, excise taxes, and sales taxes make up a much smaller portion of the federal government's revenue, while property taxes are primarily collected at the state and local level.

Of the Following,the Federal Government Obtains Most Revenue from