Respuesta :

sharmapanisha018

Answer:

Sources of Federal Revenue

Explanation:

Additional sources of tax revenue consist of excise tax, estate tax, and other taxes and fees. So far in FY 2022, individual income taxes have accounted for 54% of total revenue while Social Security and Medicare taxes made up another 30%.

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Excise tax, estate tax, and other taxes and fees are other sources of tax income. Individual income taxes have generated 55% of all revenue so far in FY 2023, with Social Security and Medicare taxes contributing another 34%.

What are the federal government taxes?

  • Discover 12 unique taxes, four for each major category— Invest in: sales taxes, gross receipts taxes, value-added taxes, and excise taxes; earn: individual income taxes, corporate income taxes, payroll taxes, and capital gains taxes; and own: property taxes, tangible personal property taxes, estate and inheritance taxes.
  • The U.S. Constitution grants Congress, the President, and the Federal courts, respectively, the authority to act as the legislative, executive, and judicial departments of the federal government.
  • A federal government.: of or relating to the central government of a federation as opposed to the governments of the component geographical units (as states) especially: of or relating to the laws created and upheld by the federal government.
  • Medicare and Social Security taxes. the deduction of federal income tax. Federal joblessness.

To learn more about federal government taxes refer to:

https://brainly.com/question/12217635

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