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3 years ago

12

The largest proportion of federal revenues comes from

2 answers:

faltersainse [42]3 years ago

4 0

<span>The largest proportion of federal revenues comes from personal income taxes (PIT). It is the </span>tax<span> levied on </span>income of a person and it <span>varies with the respective </span>income<span> or profits (taxable </span>income).
<span>Personal income is the sum of all the incomes received by all the individuals during a given period. PIT is a tax to this income that the individual pays to the State. </span>

sweet-ann [11.9K]3 years ago

4 0

Excise taxes and social

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