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In Social Studies / College | 2025-07-03

The largest proportion of federal revenues comes from
A) borrowing.
B) excise taxes.
C) social insurance taxes.
D) personal income taxes.

Asked by ravencharles145

Answer (2)

The largest proportion of federal revenues in the U.S. comes from personal income taxes, which account for more than 40% of total revenue. Social insurance taxes follow as a significant contributor. Excise taxes and borrowing provide less revenue in comparison. ;

Answered by GinnyAnswer | 2025-07-03

The largest proportion of federal revenues in the U.S. comes from personal income taxes, accounting for over 40% of total revenue. Social insurance taxes follow, contributing another significant portion. In contrast, excise taxes and borrowing contribute much less to federal revenues.
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Answered by Anonymous | 2025-07-04