In 2007,which category represented the largest source of receipts for the U.S.federal government?
A) Medicare
B) Social Security
C) Corporate income taxes
D) Individual income taxes

Question

Quizplus · Accepted Answer

In 2007, individual income taxes generated the largest source of receipts for the U.S. federal government, accounting for approximately 44% of total federal revenue. Corporate income taxes represented only about 14% of total federal revenue, while Medicare and Social Security contributions were less than individual income taxes.

In 2007,which Category Represented the Largest Source of Receipts for the U.S.federal