AnswersPersonal Finance - SC 26-27 For CreditTaxesQuestion 27152
27152
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Taxes

Question 27152 • Personal Finance - SC 26-27 (For Credit)

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Answer
Forty-two percent of federal revenue comes from .:

individual income taxes

Income taxes paid by businesses and corporations make up about of federal revenue.:

9%

Taxes collected for Social Security and Medicare make up of federal revenue.:

40%

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