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What provides the largest portion of federal revenue

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User Vollan
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2 Answers

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individual income taxes

answered
User Zeroasterisk
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2 votes

Answer:

Individual Income Taxes

Step-by-step 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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User Dimon Buzz
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