Question

in 2017, which category represented the largest source of receipts for the u.s. federal government?

• social security
• personal income taxes
• medicare
• corporate income taxes

Explanation:

U.S. federal government receipts are dominated by tax revenues. In 2017, personal income taxes made up the largest share of federal receipts, exceeding the contributions from Social Security payroll taxes, Medicare taxes, and corporate income taxes.

Answer:

B. Personal income taxes