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tia_tia [17]
3 years ago
5

A source of government revenue that pays for bridges, highways, police, and fire depts?

History
1 answer:
rusak2 [61]3 years ago
6 0

Answer:

In peacetime during America's early decades, most of the federal government's revenue came from import taxes called tariffs. The U.S. Congress passed the Tariff Act of 1789 to help generate revenue to pay off its war debts and to encourage and protect manufacturers in the northern states.

Explanation:

The three main sources of federal tax revenue are individual income taxes, payroll taxes, and corporate income taxes. Other sources of tax revenue include excise taxes, the estate tax, and other taxes and fees.

The chief way the government gets the money it spends is through taxation. Figure 1 shows the relative sizes of sources of federal government tax revenues. Forty-five percent of federal tax revenue comes from individuals' personal income taxes. Another 39 percent comes from Social Security and Medicare withholdings.

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What are the major regions and industries that the agreement addresses Nafta wold positivly affect?
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The major regions and industries that the agreement addresses NAFTA wold positively affect include the following:

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  • U. S.
  • Mexico

<h3>What is NAFTA?</h3>

This is referred to as North American Free Trade Agreement and was implemented after an agreement in 1994 between the top three North American economic powers.

The countries which are listed above would be positively affected due to the increase in trading between them thereby resulting in more exports and revenue which can be used as a source for their budget thereby improving the economy.

There will also be an increase in human capital thereby providing different types of jobs for the people. This helps to reduce unemployment rate which produces a ripple effect on the economy .

This is therefore the reason why it was chosen as the most appropriate choice.

Read more about NAFTA here brainly.com/question/27372794

#SPJ1

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