Question

2. Which of the following statements about taxes

is true?
a. Only the federal government has the right
to tax a person's income.
b. Any taxes collected by the government
are returned to the person when she files
her income tax return.
C. Taxes are the major source of revenue for
the government.
d. Taxes can only be taken out of a person's
income when she has a full-time job.

Answer 1

C. Taxes are the major source of revenue for

the government.

Step-by-step explanation:

The government imposes taxes on incomes, goods and services sold, imports, and other items to raise money to finance its operations. Therefore, taxes are a source of revenue for the government.

The government also engages in other revenue-generating activities such as trade through state-owned corporations. As a composition of total revenue collected, taxes are the biggest contributor to government revenues.