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45% of the federal revenue comes from Income tax
36% comes from Payroll taxes
12% comes from Corporate tax
7% comes from Excise Tax
4% is other sources
Notes:
In 2008 the federal government collected $2.5 trillion, an amount equal to 17.7 percent of GDP. Federal revenue has ranged from 14.4 to 20.9 percent of GDP over the past five decades, averaging 18.2 percent.
- Payroll taxes swelled following the creation of Medicare in 1965. Taxes for Medicare, combined with periodic increases in Social Security taxes, caused payroll tax revenue to grow from 1.6 percent of GDP in 1950 to more than 6 percent since 1990. Payroll taxes also include railroad retirement, unemployment insurance, and federal workers' pension contributions.
- Revenue from the corporate income tax fell from between 5 and 6 percent of GDP in the early 1950s to 2.1 percent of GDP in 2008.
- Excise taxes fell steadily throughout the same period, from nearly 3 percent of GDP in 1950 to 0.5 percent in recent years.
- The remaining sources of revenue have fluctuated less, together claiming between 0.5 and 1.0 percent of GDP since 1950 and standing near the bottom of that range in 2008.
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Where do the other federal courts come from?
it comes from asia
What is the largest single source of the federal government revenue?
In the United States, it's Personal Income Tax.
What is true of the federal government's demographic representativeness?
If all employees are taken into account, the federal bureaucracy comes reasonably close to being representative of the nation's population.
The federal system comes into play with reprieves and pardons because?
The President cannot exercise this power with regard to those who violate state law. www.xrlc.tumblr.com
Why are the Federal Courts often called the guardians of the Constitution?
The federal courts have been called "the guardians of the Consistution" because they judge whether laws and action conform to constitutional principles. However, a court may address a legal issue only if a relevant case comes before it. It cannot try to solve legal problems on its own.
The largest proportion of federal revenues comes from?
pesonall income taxes
Greatest proportion of federal revenues comes from what source?
The majority of federal revenus derive from payroll taxes.
The largest proportion of federal revenues comes from A excise taxes B borrowing C personal income taxes D social insurance taxes?
Personal income taxes
The authority to levy a federal income tax comes from?
The authority to levy a federal income tax comes from
Where does the money come from that gets paid to professors?
60% comes from tax payers and 40% comes from the federal government. 60% comes from tax payers and 40% comes from the federal government.
What is the largest portion of the federal revenue?
The largest portion of the federal revenue comes from individual income taxes. In 2008, individual income taxes made up 45 percent of the federal revenue. In 2008, individual income taxes totalled $2.5 trillion. For more information, go to the Urban Institute and Brookings Institution Tax Policy Center website, www.taxpolicycenter.org/briefing-book/background/numbers/revenue/cfm, to view 'The Numbers: What are the federal government's sources of revenue?'
What is the difference between federal financial aid and California financial aid?
Federal comes from the government where as the aid from California comes from the state itself.
Where do the federal courts come from?
it comes from Asia
What comes after a yotabyte?
Nothing it is the largest value
Where does the largest supply of energy come from in an ecosystem?
The Largest supply of energy comes from the producers
Where do the other federal courts come from?
it comes from asia
Where do other federal courts come from?
it comes from Asia
