The Corporate Income Tax Is the Single Largest Source of Revenue

question 107

True/False

The corporate income tax is the single largest source of revenue for the federal government.

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Definitions:

Step-Down Transformer

A transformer that produces a lower voltage at its secondary than is applied to its primary.

Secondary Voltage

A voltage that is output by the secondary winding of a transformer.

Primary Voltage

The initial voltage level supplied to a transformer or another primary component in a circuit.

Magnetically Operated

Describes devices or mechanisms that are controlled or actuated through magnetic force or fields, often found in relays and circuit breakers.