answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Which levels of government relies the most on income tax?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What level of government relies the most on income taxes?

Federal Gvt


Which investment has the most predictable source of income?

A fixed income bond, especially one issued by a highly reliable source such as a government. Due to the low risk of variation, these also tend to provide low income levels.


Where does the government get most of its income?

mainly taxes


Where did Franklin get most of his income from?

i think he got his income from the government. that is all i know


Are government grants for individuals based on income level?

In most cases government grants for individuals are not based on income level. If you are starting a business with no income you may qualify. “Are government grants for individuals based on income level?”


Where did Benjamin Franklin get most of his income from?

i think he got his income from the government. that is all i know


What did localists in the new American government?

A weak central government with most of the power at the state and local levels


What country in southwest Asia relies on service industries such as banking and insurance for most of its income?

i believe Lebanon, or at least 60% of their people work as such.


What did localists want in the new government?

A weak central government with most of the power at the state and local levels


Which tax raises the most revenue for the federal government?

personal income tax


Why is income tax important for the government?

income tax is one of the most important source of government revenue. in us around 31% and UK around 29% of government revenue comes from income tax . this is the biggest source of governments revenue. this is only one of many imporatnce.


What is taxed income?

Income tax is the tax that the government takes out of the income you earn. It is the main form of taxes that the government receives from you. This money is used to pay for infrastructure, military, government employees, government programs such as welfare or grants, and anything else the government needs to pay for. The amount of taxes that are taken out of your paycheck depends on the income bracket in which you stand. Typically, if you make more money, you will be taxed a higher percentage.