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Excerpt from The Budget of the United States Government for the Fiscal Year Ending June 30, 1940Taxation yields almost all of the income of the Government, leaving less than 5 percent to come from miscellaneous sources. Revenue from taxes depends mainly on two factors: The rate of taxation and the total of the national income. This holds true not only of direct taxes on

Title : The Budget of the United States Government for the Fiscal Year Ending June 30, 1940 (Classic Reprint)
Author : United States Bureau of the Budget
Language : en
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Type : PDF, ePub, Kindle
Uploaded : Apr 06, 2021

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