Which of the following statements is true? a. The most important source of revenue to the federal
Question:
Which of the following statements is true?
a. The most important source of revenue to the federal government is personal income taxes.
b. National defense currently accounts for the largest percentage of federal government spending.
c. Paying the interest on the national debt currently accounts for the largest percentage of federal government spending.
d. The taxation burden, measured by taxes as a percentage of GDP, is heavier in the United States than in most other advanced industrial countries.
e. All of the above are true.
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Diane Joyce Pastorin
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