Which of the Following Properly Ranks the Size of Tax

question 27

Multiple Choice

Which of the following properly ranks the size of tax revenues received by the federal government from highest to lowest?

• A)Excise taxes,Social Security payroll taxes,income taxes,and corporate taxes.
• B)Corporate taxes,Social Security payroll taxes,income taxes,and excise taxes.
• C)Income taxes,Social Security payroll taxes,corporate taxes,and excise taxes.
• D)Social Security payroll taxes,excise taxes,corporate taxes,and income taxes.

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Definitions:

Driving Forces

Key factors or influences that contribute to the acceleration or direction of change within an organization or market.

Balancing

The process of maintaining equilibrium or stability within operations, finances, or strategies of an organization.

Entrepreneurial Process

The sequence of steps an entrepreneur follows from conceptualizing a business idea to launching and growing a new business.

Opportunity

A set of circumstances that makes it possible to do something, especially to start a new business or launch a new product.