Asked by
Melissa Morici
on Dec 12, 2024
Verified
Which of the following is the largest source of revenue for the federal government?
A) Corporate income tax.
B) Payroll tax.
C) Personal income tax.
D) User charges.
Federal Government
The national government of a federated state, which holds the authority to govern at a level above individual states or provinces.
Personal Income Tax
A tax that governments impose on individuals based on their earnings or income.
- Determine the key sources of income for the federal government and their comparative significance.
Verified Answer
CS
Learning Objectives
- Determine the key sources of income for the federal government and their comparative significance.