Multiple Choice
Which of the following is true about the percent of total income all levels of government in the U.S.take as taxes?
A) In 1902 the government collected about 7 percent of total income.In recent years,it collected about 30 percent of total income.
B) In 1902 the government collected about 30 percent of total income.In recent years,it collected about 7 percent of total income.
C) In 1902 the government collected about 7 percent of total income.In recent years,it collected about 7 percent of total income.
D) In 1902 the government collected about 30 percent of total income.In recent years,it collected about 30 percent of total income.
Correct Answer:
Verified
Correct Answer:
Verified
Q71: In 2011,federal government receipts were approximately<br>A)$4,000 per
Q72: Medicaid is<br>A)the government's health plan for the
Q73: A family's income tax liability is<br>A)a standard
Q75: Which type of tax is used to
Q76: The U.S.federal government spends its revenues in
Q77: For state and local governments,in 2011,sales taxes
Q79: The payroll tax differs from the individual
Q138: Taxes on specific goods such as gasoline
Q140: State and local governments<br>A)use a mix of
Q189: The federal healthcare spending program that specifically