What are the three largest sources of tax revenue for the U.S.federal government?

Question

Quizplus · Accepted Answer

According to the U.S. federal budget, the three largest sources of tax revenue are individual income taxes, Social Security/Medicare taxes, and corporate income taxes. Therefore, option D is the correct answer. Option A is incorrect because excise taxes are not a major source of revenue compared to the other taxes listed. Option B is incorrect because sales tax is primarily a source of revenue for state and local governments, not the federal government. Option C is incorrect because custom duties are a relatively small source of revenue compared to the other taxes listed.

What Are the Three Largest Sources of Tax Revenue for the U.S.federal