Asked by Jamie Hinkle on May 09, 2024

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What are the two largest categories of federal tax receipts?

Federal Tax Receipts

The revenue collected by the federal government from various taxes like income tax, corporation tax, and other levies.

  • Describe the primary sources and categories of federal tax receipts.
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Laneil DavenportMay 10, 2024
Final Answer :
individual income taxes (43 percent of 2011 federal tax receipts) and social insurance taxes (36 percent of 2011 federal tax receipts)