Answer:
These increase in taxes and the increase in nominal income raised revenues from $930 million in 1916 to $4,388 million in 1918. Federal expenditures, however, increased from $1,333 million in 1916 to $15,585 million in 1918. A huge gap had opened up that would have to be closed by borrowing.
Explanation:
Why did Longstreet urge Lee not to continue the Battle of Gettysburg ?
Answer: C. He figured Union positions were too strong.
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Only a fraction of white men could vote, and There was no liberty for slaves.
Hello there,
The two revenue sources for the government are taxes and spending taxes. These taxes are the incomes that are gained by the government and are called tax revenue.
Hope this helps.
~Jurgen0223