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
Previous question
Next question
