Multiple Choice
The two taxes that together provide the U.S.federal government with almost 80 percent of its revenue are
A) individual income taxes and property taxes.
B) individual income taxes and corporate income taxes.
C) individual income taxes and payroll taxes.
D) sales taxes and payroll taxes.
Correct Answer:
Verified
Correct Answer:
Verified
Q13: In 2011,the average American paid approximately how
Q14: Which of the following statements is not
Q15: The government finances the budget deficit by<br>A)borrowing
Q16: From 1950 to today,government spending on Social
Q17: In 2011,social insurance taxes represented approximately what
Q19: A tax on the wages that a
Q20: The share of federal government spending on
Q21: State and local governments<br>A)are funded entirely by
Q22: The revenue that the federal government collects
Q23: In 2011,the U.S.federal government collected approximately how