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6 August, 18:47

What provides the largest portion of federal revenue

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Answers (2)
  1. 6 August, 18:58
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    individual income taxes
  2. 6 August, 18:58
    0
    Individual Income Taxes

    Explanation:

    Since 1950, the Individual Income Tax has been the largest source of federal revenue. It consists of basically 48% of the total income of the US. Also, it makes for about 8.3% of GDP in 2017. It went up to 9.9% in 2000, and went down to 6.1% after the "Great Recession".
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