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The federal income tax accounts for nearly 50percent of all federal tax revenues?
TRUE
What is the largest source of Federal revenue in us?
Individual Income Tax <3
What is the largest single source of revenue for the federal government?
In the United States, it's Personal Income Tax.
The largest source of federal revenue from taxes come from?
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.
What is the single largest public service provided by local tax revenues?
Booze
What are four sources of government revenue?
Federal revenues come from a variety of sources that include payroll taxes and individual income taxes. Other sources of federal revenues are corporate income taxes and excise taxes.
Which federal tax raises the largest amount of money each year?
Federal Income tax is the largest tax for the government, it raises more money then anything else.
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 is the largest source of tax money for local governments?
income tax :]
How does the elasticity of demand influence the tax revenues?
Elasticity of demand influenced tax revenues
Largest single source of the government earning from the tax revenue?
earning tax
What produces the largest amount of federal revenue in the US?
The tax on individuals' incomes regularly produces the largest amount of federal revenue.
