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Individual income taxes account for the federal government's largest source of tax revenue. The other two main sources are payroll taxes and corporate income taxes.
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Largest source of revenue for the federal government?
The largest source of revenue for the federal government has been individual income taxes and payroll taxes. These taxes account for 82% of all federal government income.
Where does largest source of federal revenue from taxes come from?
Income Taxes(:
What is the largest source of revenue for county governments?
Petroleum
What is largest source of revenue in Egypt?
the largest sources of revenue in egypt is the taxes then suez canal and after them comes tourism
What is the federal government's source of income?
Individual income taxes is the federal government's largest source of funds.
What is the most important source of revenue for the federal budget?
Through taxes
What taxes provide the largest source of federal revenue?
Individual income tax provides the largest source of government income. In 2014, it was 46 percent of the total and 8 percent of gross domestic product (GDP).
What was the largest source of revenue for the US Government during the civil war?
From the 1790s to World War I the largest source of revenue was tariffs. Then it became income taxes.
Is tobacco a source of revenue?
In the US, tobacco products (particularly cigarettes) are taxed at both the state and federal level. These taxes are not a significant part of the federal revenue, but some states depend on the revenue from cigarette taxes.
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 are the source of government revenue?
In the United States, it's Personal Income Tax.
What is the largest source of revenue for states?
sales tax,property taxes and intergovernmental revenre
