Which One of the Following Statements Is Accurate

question 21

Multiple Choice

Which one of the following statements is accurate?

• A)The proportion of revenue received from payroll taxes is much lower today than in the early 1960s.
• B)The proportion of revenue received from corporate income taxes is much less today than in the early 1960s.
• C)The proportion of spending on the net interest on the debt is much higher today than it was in the early 1960s.
• D)The proportion of spending on Social Security is lower today than in the early 1960s.