How does the government collect revenue, and on what is that revenue spent?

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asked Oct 6, 2021 205k views

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Knight · Answer 1 · 2021-10-10T11:18:51+0000

Answer:

The chief way the government gets the money it spends is through taxation. Forty-five percent of federal tax revenue comes from individuals' personal income taxes. Another 39 percent comes from Social Security and Medicare with holdings.

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How does the government collect revenue, and on what is that revenue spent?

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