Which statement is true?

Question

Quizplus · Accepted Answer

The federal government indeed receives the majority of its tax revenue from the federal personal income tax. This is a significant source of revenue for the government, funding various public services and programs. Options A and C are incorrect; the federal government's fiscal year starts on October 1, not January 1, and net interest on the national debt is a significant expense but has not historically been as high as 15 percent of the federal budget.

Which Statement Is True