Which one of the following statements is accurate?
A) The proportion of revenue received from payroll taxes is much lower today than in the early 1960s.
B) The proportion of revenue received from corporate income taxes is much less today than in the early 1960s.
C) The proportion of spending on the net interest on the debt is much higher today than it was in the early 1960s.
D) The proportion of spending on Social Security is lower today than in the early 1960s.
Correct Answer:
Verified
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