Review the circle graph, which shows different sources of federal tax revenue.

Question

A pie chart titled sources of federal tax revenue, 2019. Income tax, 50 percent; Payroll tax, 36 percent; corporate income tax, 8 percent; excise, estate, and other taxes, 7 percent.

What is the largest source of federal tax revenue?

income tax
excise tax
payroll tax
estate tax

Answer 1

The largest source of federal tax revenue is income tax, accounting for 50 percent of the total revenue.