2.1k views
1 vote
How does the government make the majority of their money

User CatShoes
by
4.4k points

1 Answer

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.

User Engineforce
by
5.4k points