What are the ways that the Federal Government receives the revenue it uses to fund programs?
The Federal Government receives money to fund its operations from many sources. The major source of revenue is from individual income taxes. Other revenue is received through social insurance taxes and contributions, excise taxes, trust funds, estate and gift taxes, and Customs duties. Finally, the Government receives earnings from the Federal Reserve System’s lending to financial institutions, fees for permits and regulatory and judicial services, and from gifts and contributions.
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