Question

How does the government raise money?what are some specific examples of a typical paycheck?

Answer 1

The chief way the government gets the money it spends is through taxation. Figure 1 shows the relative sizes of sources of federal government tax revenues. Forty-five percent of federal tax revenue comes from individuals' personal income taxes. Another 39 percent comes from Social Security and Medicare withholdings.

Answer 2

the government can raise money in many ways, by having fun raisers, doing events that require you to pay, or even by you paying taxes.