2007-08-30 02:43:29 · 4 answers · asked by ECO 2 in Business & Finance ➔ Taxes ➔ Other - Taxes
Sales tax is typically a state tax, so the federal government does not earn money from state taxes. The majority of the federal government's income is from income taxes on both individuals and businesses.
2007-08-30 02:47:41 · answer #1 · answered by khulet 1 · 0⤊ 1⤋
Federal government doesn't collect consumption taxes. States collect sales tax. So the answer is easy by default, corporate taxes.
2007-08-30 11:29:24 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The Federal government does not collect sales tax. The "fair tax" that has been suggested would be a "sales tax".
2007-08-30 11:10:42 · answer #3 · answered by ? 6 · 0⤊ 0⤋
There is no Federal sales tax (thank God!) so even if they only collected $1 from corporate taxes they'd collect more from corporations than in sales taxes.
2007-08-30 11:17:56 · answer #4 · answered by Bostonian In MO 7 · 0⤊ 0⤋