Author Question: The major source of tax revenues collected by the Federal government is the corporate income tax. ... (Read 114 times)

fnuegbu · **on:** Jun 30, 2018

The major source of tax revenues collected by the Federal government is the corporate income tax.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Tariff rates on products imported into the United States:
a. were prohibited by the Constitution.
b. have dropped substantially over the past 50 years.
c. reached an all time high in 1996.
d. have steadily increased since 1920.
e. have never played a big part in U.S. trade policy.