The third largest source of government tax revenues that contributes roughly 10 percent to total revenues is:

Question

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The third largest source of government tax revenues that contributes roughly 10 percent to total revenues is the corporate income tax. This tax is levied on the profits earned by corporations and other business entities. While payroll and personal income taxes contribute a significant portion of tax revenues, they are not as large as the corporate income tax. Excise taxes are a smaller source of tax revenue, typically applied to specific goods and services.

The Third Largest Source of Government Tax Revenues That Contributes