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Related Questions
Which tax accounts for about 50 percent of all federal revenue?
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.
Which of these is the primary source of tax revenue for the national government?
income tax
What is the federal governments biggest single source of tax revenue?
The individual income tax is the government's biggest single source of tax revenue.
Does the federal income tax equal 50 percent of your federal tax revenue?
true
Which tax raises the most revenue for the federal government?
personal income tax
Which direct tax gives maximum net revenue to the government?
income tax
Does the US government get more revenue from private income tax or corporate income tax?
Well dah
What kind of tax accounts for about half the total tax revenue of state government?
Income Tax
What kind of tax accounts for about half the total tax revenue of states government?
Income Tax
What is revenue tax?
Tax revenue is the income that the government gets from individuals paying their yearly taxes. Anytime taxes are taken out of your paycheck, that goes to the governments tax revenue.
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).
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