In 1960,the share of federal tax revenues earned by the corporate income tax was approximately _________.In 2011,the share of federal tax revenues earned by the corporate income tax was approximately _________.

Question

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In 1960, corporate income taxes accounted for approximately 23% of federal tax revenues. By 2011, this share had decreased to about 13%, reflecting changes in tax policy and the structure of the economy over time.

In 1960,the Share of Federal Tax Revenues Earned by the Corporate