QuestionJune 11, 2025

41. Which of the following is the largest source of revenue for the Federal government? Mark only one oval. Payroll tax Income tax Corporate tax Property tax

41. Which of the following is the largest source of revenue for the Federal government? Mark only one oval. Payroll tax Income tax Corporate tax Property tax
41. Which of the following is the largest source of revenue for the Federal
government?
Mark only one oval.
Payroll tax
Income tax
Corporate tax
Property tax

Solution
4.7(231 votes)

Answer

Income tax Explanation The largest source of revenue for the Federal government is primarily derived from individual income taxes, which include payroll taxes. Payroll taxes fund Social Security and Medicare, making them significant but not larger than overall income tax revenues.

Explanation

The largest source of revenue for the Federal government is primarily derived from individual income taxes, which include payroll taxes. Payroll taxes fund Social Security and Medicare, making them significant but not larger than overall income tax revenues.<br /><br />
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