In 2010,over 75 percent of the revenue of the U.S.federal government was raised through
A)individual income and social insurance taxes.
B)property and social insurance taxes.
C)sales and corporate income taxes.
D)individual income and property taxes.

Question

Quizplus · Accepted Answer

According to data from the Congressional Budget Office, in 2010 individual income tax and social insurance tax (such as Social Security and Medicare taxes) together accounted for over 75 percent of federal government revenue. This was significantly higher than the next largest source of revenue, corporate income tax, which accounted for only 8 percent of total revenue. Therefore, choice A is the best answer.

In 2010,over 75 Percent of the Revenue of the U