The Largest Source of Federal Government Revenue in 2012 Was

question 223

Multiple Choice

The largest source of federal government revenue in 2012 was

• A)sales taxes.
• B)corporate income taxes.
• C)individual income taxes.
• D)payroll taxes to fund Social Security and Medicare programs.

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Definitions:

Improshare

A productivity-sharing program where improvements in productivity lead to shared benefits among employees in the form of increased pay or bonuses.

Nonproduction Workers

Employees who are not directly involved in the production process, including roles in administration, management, and support services.

Service-Providers

Organizations or individuals that offer services to others, often in a professional, maintenance, or consultative capacity.

Combined Distribution Plans

Retirement or benefit plans that incorporate features of both defined contribution and defined benefit plans, offering a combination of guaranteed payouts and contributions based on individual accounts.