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:

New Party Formation

The process by which a new political party is created, often in response to perceived inadequacies in existing parties or to represent specific ideologies or interests.

Winner-Take-All

A system in which the candidate who receives the most votes in an election wins everything, receiving all of a state's electoral votes or all seats up for election, with no prizes for second place.

Republican Party

A major political party in the United States that traditionally supports conservative policies, smaller government, and free-market principles.

Slavery

A system in which individuals are owned by others as property, deprived of personal freedom, and forced to perform labor or services.