ECON MICRO (with ECON MICRO Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)
ECON MICRO (with ECON MICRO Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)
5th Edition
ISBN: 9781305631946
Author: William A. McEachern
Publisher: Cengage Learning
Question
Book Icon
Chapter 3, Problem 3.11P
To determine

The various sources of the government revenue in the United States, determining the important tax for each level of government and the maximum revenue earning taxes of the government.

Concept Introduction:

Government Revenue: It is the revenue generated by the government from various sources which is utilized for the welfare of the general population.

Blurred answer
Students have asked these similar questions
Question 18 The largest source of federal government revenue is which of the following? Other royalties and fees. Corporate taxes. Payroll taxes. Individual income taxes.
5 The largest source of government revenues is ________.   Select one: a. personal income taxes b. Social Security taxes c. corporate income taxes
A2) Economics Explain the importance of taxation which has been aptly considered one of the three fundamental powers of the state. (police power, eminent domain, taxation)
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
  • Text book image
    ECON MICRO
    Economics
    ISBN:9781337000536
    Author:William A. McEachern
    Publisher:Cengage Learning
    Text book image
    Principles of Economics 2e
    Economics
    ISBN:9781947172364
    Author:Steven A. Greenlaw; David Shapiro
    Publisher:OpenStax
    Text book image
    Economics:
    Economics
    ISBN:9781285859460
    Author:BOYES, William
    Publisher:Cengage Learning
Text book image
ECON MICRO
Economics
ISBN:9781337000536
Author:William A. McEachern
Publisher:Cengage Learning
Text book image
Principles of Economics 2e
Economics
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:OpenStax
Text book image
Economics:
Economics
ISBN:9781285859460
Author:BOYES, William
Publisher:Cengage Learning