Question of the Day

Which of the following taxes accounts for the greatest share of federal government revenues?

Correct Answer

Tell Me More

In 2015, individual income taxes comprised 47% of federal revenues, and the rest was comprised of social insurance taxes (33%), corporate income taxes (11%), excise taxes (3%), custom duties (1%), estate and gift taxes (3%), and miscellaneous receipts (2%).

DocumentationSources of Federal Revenues




Reload Question
Reload Question
Share via Facebook
Share via Twitter
Share via Email
Embed into your website
About the Fact App
Articles by Topic