Question

how was the revenue collected​

Answer 1

Answer:

The government generates its revenue from taxes and several other non-tax revenue sources. ... The tax on income includes collections, surcharges, Securities Transaction Tax (STT), and other such kinds of charges. Wealth tax includes tax on real estate, tax on other kinds of wealth, and gift tax.

Answer 2

Answer:

Most of the revenue the government collects comes from contributions from individual taxpayers, small businesses, and corporations through taxes that get collected on a yearly or quarterly basis. The remaining sources of federal revenue consist of excise, estate, and other taxes and fees.

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