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8 July, 18:16

How does the government make the majority of their money

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  1. 8 July, 18:23
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    The chief way the government gets the money it spends is through taxation. Figure 1 shows the relative sizes of sources of federal government tax revenues. Forty-five percent of federal tax revenue comes from individuals' personal income taxes. Another 39 percent comes from Social Security and Medicare withholdings.
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