Answered

A bar chart titled Federal Tax Revenue is shown. Individual income tax is 42 percent, Payroll taxes is 40 percent, corporate income tax is 9 percent, and other is 9 percent.
Forty-two percent of federal revenue comes from
.

Income taxes paid by businesses and corporations make up about
of federal revenue.

Taxes collected for Social Security and Medicare make up
of federal revenue.

Answer :

Answer:

individual income taxes, 9%, 40%

Explanation:

cus i got it right

Lanuel

Based on the bar chart, forty-two percent (42%) of federal revenue comes from individual income taxes.

What is taxation?

Taxation simply refers to the involuntary but compulsory fees that are levied by the government on both individuals or business firms in a particular country, so as to generate revenues to fund public projects.

Based on the bar chart, income taxes paid by business firms and corporations make up about nine percent (9%) of federal revenue. Also, taxes collected for Social Security and Medicare make up forty percent (40%) of federal revenue.

Read more on tax here: https://brainly.com/question/25783927

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