Question

Which of the following is a source of revenue for the federal government? campaign funds corporate donations property taxes income taxes

Answer 1

Income tax will be your answer

Answer 2

Answer: Income taxes.

Explanation:

Federal revenues come from income taxes paid by individuals, payroll taxes paid by workers and employers that finance social insurance plans, and corporate income taxes paid by businesses. While the corporate income tax has been trending downward in the last few years, the individual income tax has remained the largest source of federal revenue since the 1950s.