M3 - The main sources of revenues for the federal government were the individual income taxes corporate income taxes and excise taxes Before the

M3 - The main sources of revenues for the federal...

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The main sources of revenues for the federal government were the individual income taxes, corporate income taxes, and excise taxes. Before the World War II, the key source of revenues of the federal government was the excise taxes. After the World War II, the collections from individual income taxes has been the key revenue sources. [BUD16] Recent and long-term trends in government spending for the National Defense, Health, Income Security and Social Security kept increasing with time and some of the times it decreases just a little staying in a small gap from the year before. If we compare

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