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$9.5 Billion in 2008. That's $9,500,000,000.
Source: http://www.ttb.gov/statistics/final09.pdf
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∙ 13y ago
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Does the federal government collect taxes?
Yes
What type of taxes does the federal government collect?
income tax..
How does the federal government collect taxes from people?
By taxing their income.
When could states collect taxes but the federal government could not?
The federal government had no ability to tax when it was operating under the Articles of Confederation. The US Constitution provided the federal government authority to collect taxes; the Sixteenth Amendment, ratified in 1913, added the ability to levy taxes on income.
Can the federal and state government both collect taxes?
They both already do.
What did the federal government do to taxes during the 1920s?
The federal government lowered income tax rates in the 1920's. The federal government also prohibited the sale of alcohol, thus eliminating a source of taxes.
Did the federal government do to taxes during the 1920s?
The federal government lowered income tax rates in the 1920's. The federal government also prohibited the sale of alcohol, thus eliminating a source of taxes.
What did the Federal government to to taxes during the 1920s?
The federal government lowered income tax rates in the 1920's. The federal government also prohibited the sale of alcohol, thus eliminating a source of taxes.
What gave the federal government authority to collect individual income taxes?
16th amendment
How much money does the federal government collect in taxes?
Obviously not enough to balance the budget.
Does the federal government or state government collect social security?
The federal government is responsible for collecting and administering Social Security. State governments do not collect Social Security taxes or administer the program.
What are the sources of tax?
Any government body can levy taxes. The federal government, as well as state and local governments have the power to levy and collect taxes to support government programs.
