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Why is income tax important for the government?
income tax is one of the most important source of government revenue. in us around 31% and UK around 29% of government revenue comes from income tax . this is the biggest source of governments revenue. this is only one of many imporatnce.
What US state produces most wool?
Texas
What US state produces the most food produce?
California!
What is the fastest growing source of federal revenue for the US?
The Payroll Tax
Who can initiate bills for raising revenue?
Article 1, section 7 of US Constitution states that bill for raising revenue are initiated by the House of Representatives
Where does most government revenue come from?
Most government revenue comes from us
Where does governments' revenue come from?
Most government revenue comes from us
How does the state seal bring us together?
Most state seals have symbols on them to represent the state historical aspects and understanding a common history brings people together.
What US state produces the most aircraft?
The Boeing corporation, the worlds largest aircraft company by revenue, is based in Chicago Illinois.
How much alcohol is bought a year in US?
There is $400 billion spent a year on the sale of alcohol. This brings in about $21 billion in revenue for states and local economies.
What type of tax generates the most revenue for the US government?
Sales tax
What type of taxes generates the most revenue for the US government?
Sales tax
What state has the most dogs in the US?
In the US which state has the most animals living in it?
Is tobacco a source of revenue?
In the US, tobacco products (particularly cigarettes) are taxed at both the state and federal level. These taxes are not a significant part of the federal revenue, but some states depend on the revenue from cigarette taxes.
Where does most of the state revenue comes from?
Revenue of states comes from income taxes from people and businesses in their area. It also comes from materials that are being exported to other states where they generate an amount of revenue as well.
What state is the most popular state in the US?
Califonia is the most popular state in the US
Which US state contains the most volcanoes?
Alaska is the US state with the most volcanoes.
