________ are the largest source of tax income received by the federal government.
A) Income taxes
B) Property taxes
C) Sales taxes
D) Excise taxes

Question

Quizplus · Accepted Answer

Income taxes are the largest source of tax income received by the federal government. This is because income taxes are levied on the earnings of individuals and businesses, and a significant portion of the population is subject to this tax. Additionally, the federal government has implemented a progressive tax system, which means that those who earn more money are subject to a higher tax rate, resulting in more revenue for the government.

________ Are the Largest Source of Tax Income Received by the Federal