Budget Analysis. Assume the federal outlays and receipts shown in Figures 4.13 and 4.14 remained the same in 2013. Also assume that total revenue for 2013 was $2.9 trillion and total spending was $3.5 trillion.
Suppose that revenue increases by 5% over the 2013 level. If the increase comes entirely from individual income taxes, what is the percentage increase in individual income tax revenue over the 2013 level?
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.