Final answer:
Personal income taxes, corporate income taxes, and indirect taxes are main sources of government revenue, while transfer payments are an expenditure, not a revenue source for the government. option b.
Step-by-step explanation:
Among the main sources of government revenue, we find personal income taxes, corporate income taxes, social insurance and retirement receipts, excise taxes on specific goods like gasoline, alcohol, and tobacco, and tariffs. Personal income taxes are due annually by April 15 and are the largest source of federal revenue, although they account for less than half of the total federal tax revenue. On the other hand, government outlays include spending on services such as military, police, education, infrastructure, Social Security, and more.
The items that constitute government revenues include investment income, such as earnings from government-owned assets, indirect taxes like value-added taxes or sales taxes, and corporate income taxes, which are levied on the profits of companies. However, transfer payments, such as welfare payments or social security, are not a source of revenue but rather an expenditure for the government.