The largest single source of total tax receipts of the federal government is:
A)personal income taxation
B)death and gift taxation.
C)corporation income taxation.
D)sales taxation.
E)social security taxation.

Question

Quizplus · Accepted Answer

Personal income taxation is the largest single source of total tax receipts of the federal government, accounting for approximately 50% of all federal revenue.

The Largest Single Source of Total Tax Receipts of the Federal