Asked by
Jaeden Casanova
on Oct 26, 2024
Verified
The two most important sources of federal revenue are the _____ taxes.
A) FICA and personal income
B) corporate income and FICA
C) excise and personal income
D) Social Security and excise
Federal Revenue
The income received by the federal government from various sources like taxes, fees, and investments.
Personal Income
The total amount of income received by an individual from all sources before any taxes or deductions.
- Determine the key origins of revenue for state and federal entities.
Verified Answer
MS
Learning Objectives
- Determine the key origins of revenue for state and federal entities.