Question

Question 22

The largest single source of federal revenue is

	1.	excise taxes and customs duties
	2.	contributions for social insurance.
	3.	the corporation income tax.
	4.	the personal income tax.

Question 28

The federal income tax began as a result of

	1.	a constitutional amendment.
	2.	an act of Congress.
	3.	the bill of rights.
	4.	an executive order.

Answer 1

Answer 22.

Your required answer is option 4 i.e. The Personal income tax

Explanation:

Personal Income tax is the largest source of federal revenue since Individual income tax contribute around 8.3% of GDP

Answer 23.

Your required answer is option 2 i.e. An act of congress

Explanation:

The federal income tax began in 1861 during civil war and congress pass the Internal Revenue Act in 1862.

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