Cryptocurrency Q&A
Where do most governments get most of their revenue from?
Where do most governments get most of their revenue from?
VoyagerSoul
Fri Jan 17 2025
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7 answers
1508
I want to know where governments typically obtain the majority of their income. Is it through taxes, fines, or some other sources? I'm curious about the primary revenue stream for most governments.
7 answers
Valentina
Sun Jan 19 2025
The federal government derives its revenue from various sources.
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Ilaria
Sun Jan 19 2025
Individual income taxes contribute significantly to federal revenue.
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GinsengBoostPowerBoost
Sun Jan 19 2025
In fact, over half of the federal revenue is sourced from individual income taxes.
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CherryBlossomBloom
Sat Jan 18 2025
Corporate income taxes also play a role in federal revenue generation.
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CryptoProphet
Sat Jan 18 2025
Specifically, 9 percent of federal revenue comes from corporate income taxes.
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