What type of tax is the federal govt. main source of income?
551971
the good ol FICA... Federal Income Tax.\ngimme dat.
1073018
The origin of the income tax on individuals is generally cited as the passage of the 16th Amendment, passed by Congress on July 2, 1909, and ratified February 3, 1913; however, its history actually goes back even further. During the Civil War Congress passed the Revenue Act of 1861 which included a tax on personal incomes to help pay war expenses. The tax was repealed ten years later. However, in 1894 Congress enacted a flat rate Federal income tax, which was ruled unconstitutional the following year by the U.S. Supreme Court because it was a direct tax not apportioned according to the population of each state. The 16th amendment, ratified in 1913, removed this objection by allowing the Federal government to tax the income of individuals without regard to the population of each State. \n\n\ntaxes in general started thousands of years ago...but I am assuming you are talking u.s. income tax
143923
Collectively, for 2005, the federal government collected\nthe following:\n\nIndividual Income Taxes: 927.222 (billion)\nCorporate Income Taxes: 278.282 (billion)\nSocial Security: 794.125 (billion)\nExcise Taxes: 73.094 (billion)\nOther: 81.136 (billion)\n\nSee page 31 of reference #1\n\nIndividually, federal income taxes are based on\nthe following tables:\n\nFiling single\n-------------\n\nUp to $7300: 10%\nUp to $29700: $730 + 15% of anything over $7300\nUp to $71950: $4090 + 25% of anything over $29700\nUp to $150150: $14652 + 28% of anything over $71950\nUp to $326450: $36548 + 33% of anything over $150150\nAbove $326450: $94727 + 35% of anything over $326450\n\nFiling joint:\n-------------\n\nUp to $14600: 10%\nUp to $59400: $1460 + 15% of anything over $14600\nUp to $119950: $8180 + 25% of anything over $59400\nUp to $182800: $23317 + 28% of anything over $119950\nUp to $326450: $40915 + 33% of anything over $182800\nAbove $326450: $88320 + 35% of anything over $326450\n\n\nSo, for example, if you are single and make $40000,\nyou would fit into the "Up to $71950" category and\nyour calculation would be:\n\n$4090 + 25% of (40000-29700)\n$4090 + 0.25 * (10300)\n$4090 + $2575\n$6665\n\nFor more information, see reference #2.
311997
If you're talking about state income tax, then it might be a couple depending on tax bracket.  Possibly Vermont or DC.\n\nSales tax is probably California.
1168976
A.\n\nThe national government does most of that with the taxes and then redistributes with things like Social Security and welfare.
445579
I take it you mean no STATE income tax.\n\nThere are seven: Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming.
202564
You have a good point there.  Yes, a flat tax would definitely be the best.  That way more people would be encouraged to start businesses, or expand their existing businesses, thus creating more jobs for everybody.\nThe current tax system is "supposed" to make the income more equal to everybody, when in fact it's the middle class that pays the most taxes - not the welfare people, 'cause they don't earn money, and not the business owners (which would be considered rich), 'cause of the write-offs allowed.  The people in favor of the progressive income tax are shooting themselves in the foot, and don't realize it.
441024
The economy generally doesn't include tax revenue. The reason it's bad is that it takes the tax burden off of the 5% who control 95% of the money, and puts it squarely on the middle class.
69890
The government provides protection and services (think highways, police, etc) that contribute to our ability to earn money. It can generally be assumed that people earning money in this country are benefitting from these services, and thus taxes are levied upon them.
656837
Federal tax rates for 2006 are:\n\n15% on the first $36,378 of taxable income;\n22% on the next $36,378 of taxable income;\n26% on the next $45,529 of taxable income; and\n29% of taxable income over $118,285.\n\nProvincial is 10%
441646
That is what was used to establish the federal income tax. Yes, seriously.
570012
It depends on your filing status and your deductions. Federal taxes are income taxes. As opposed to state income taxes and FICA and Medicare which are entitlement taxes for Social Security and Medicare.
949378
because there is tax money in it for the government...\nwhy else does the government do anything?
629800
A bunch of crap . The upper 1% pay about 35% of all taxes the lower income hardly pay any in fact a lot get rebates. You been listening to the far left kooks
840374
The easiest income tax system would be to throw it out and implement a national sales tax.  Tax everything but food at a rate somewhere between 1 and 5 percent and people wouldn't even have to do taxes.  The only people doing taxes would be business owners and they are already doing state sales taxes, at least in the states that have sales tax.
112367
No.  Actually, war funding and the running of the government within the limits of the constitution are the only things that the federal government is supposed to use tax money for.  In addition, the constitution prohibits the federal government from direct taxation of the people.  They are supposed to get thier money from the states.  \n\nAll the rest of the money should go back to the people.  it's nice to help the poor and disabled and elderly, but no one should be compelled to do so.  It is not the government's place to collect taxes for these things. Individual members of congress can give all they want, but they need to keep thier hands out of the money pot for public service.  It's not thier money to give.
620602
In 2005 the government collected $1,303.4 billion in taxes, including personal and corporate income, excise taxes, and estate and gift taxes. That does not include $794 billion in social insurance "taxes."