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The excise tax on gasoline is based on the ability-to-pay principle of taxation.

abeytaae

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The excise tax on gasoline is based on the ability-to-pay principle of taxation.

The excise tax on gasoline is based on the ability-to-pay principle of taxation.
a. True
b. False

QUESTION 2

The largest source of federal government revenue is
a. corporate income taxes
b. individual income taxes
c. payroll taxes
d. sales and excise taxes
e. tariffs on imported goods and other customs fees and duties

QUESTION 3

The second largest source of tax revenue for the federal government is
a. payroll taxes
b. the personal income tax
c. the corporate income tax
d. excise taxes
e. the sales tax

QUESTION 4

Which of the following accounts for the largest source of revenue for the federal government?
a. sales tax
b. federal property tax
c. personal income tax
d. corporate income tax
e. borrowing

QUESTION 5

The main source of revenue for the U.S. federal government is
a. personal income taxes
b. corporate income taxes
c. sales taxes
d. borrowing on financial markets
e. revenue from the sale of government goods and services

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kheycee

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abeytaae Author

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6 years ago

Helped a lot

Turboturner

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Just got PERFECT on my quiz

Marcie D

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Brilliant ツ

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