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The authority of the US government to raise revenue through a federal income tax is derived...

The authority of the US government to raise revenue through a federal income tax is derived from:

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Answer #1
  • INDIVIDUAL INCOME TAX

  • CORPORATE INCOME TAX

  • SOCIAL INSURANCE (PAYROLL) TAXES

  • FEDERAL EXCISE TAXES

  • OTHER REVENUEST-: Thefederal government also collects revenue from estate and gift taxes, customs duties, earn-ings from the Federal Reserve System, and various fees and charges.

  • SHARES OF TOTAL REVENUE

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