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1 April, 13:55

What three major federal taxes bring in most revenue?

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  1. 1 April, 14:11
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    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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