Which of the Following Accounts for the Largest Source of Tax

question 154

Multiple Choice

Which of the following accounts for the largest source of tax receipts for the U.S.federal government?

• A) excise tax
• B) corporate income tax
• C) Social Security tax
• D) individual income tax

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Definitions:

Marketing

The process or activity of promoting, selling, and distributing a product or service, including market research and advertising.

Notion

An idea, belief, or opinion.

Course

A series of lessons or lectures on a particular subject, typically part of a larger educational curriculum.

Ernst & Young

A multinational professional services network specializing in auditing, consulting, tax, and advisory services.