178k views
3 votes
Where does the money come from that is used to pay taxes?

User Fresca
by
5.1k points

2 Answers

5 votes

Answer:

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.

Explanation:

User Rushabh Mehta
by
4.9k points
1 vote

Answer:

It comes from you :)

User AGO
by
4.7k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.