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What are the two main sources of income for the federal government?

The two main sources of income for the federal government are individual income taxes and payroll taxes. Individual income taxes are collected from the earnings of individuals and households, while payroll taxes fund social insurance programs like Social Security and Medicare. Together, these sources account for a significant portion of the government's revenue, enabling it to fund various programs and services.


What are the sources of taxation?

individual income sales property corporate income user fees vat


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.


What are the major sources of revenue for the state of Idaho?

Individual Income Tax and Sales Tax


What are some sources of capital income from individual savings?

Sources of capital income from individuals savings are National Savings Certificates, NSS, IVP, savings bank fixed deposit with banks and NBFIs, insurance companies, provident funds, retained earning of corporate sector, government budgetary support and international sources.


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.


How do you use the words income and incomes?

My income. Your income. Their income. I have two sources of income. I don't think "incomes" is very correct but it is entering popular usage.


What are some sources of income?

What are some sources of income?


What is the nickname of the country of Ireland and what are the country's two main sources of income?

Ireland is sometimes known as the Emerald Isle. Agricultural produce and tourism are major sources of income.


What are the four major sources of state tax revenues?

ingovernmental revenues, employee retirement contributions, individual income & sales tax.


What are two sources that campaigns are funded by?

Party (Democrat, Republican) individual donations


What are Mexico's 2 sources of income?

There are many, but two of them include revenue from oil exports and tourism.