The largest proportion of federal revenues comes from

2 answers:

4 0

The largest proportion of federal revenues comes from personal income taxes (PIT). It is the tax levied on income of a person and it varies with the respective income or profits (taxable income).
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.

sweet-ann [11.9K]2 years ago

4 0

Excise taxes and social

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