All of the following components represent sources of government revenue EXCEPT
A) transfer payments.
B) personal income taxes.
C) corporate income taxes.
D) Social Security taxes.

Question

Quizplus · Accepted Answer

Transfer payments are payments made by the government to support individuals or groups in need, and therefore do not represent sources of government revenue. The other choices listed are all examples of taxes that generate revenue for the government.

All of the Following Components Represent Sources of Government Revenue