brenduhhh999 brenduhhh999
  • 27-02-2019
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What three major federal taxes bring in most revenue ?

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MsTeel
MsTeel MsTeel
  • 27-02-2019

Income taxes, payroll taxes, and corporate income taxes.

Income taxes = individual employees pay out of their earnings

Payroll Taxes = social security tax, medicare, and unemployment tax. These are paid partially by the employees and partially by the employers

Corporate income taxes = paid by businesses as a percentage of their profits

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