Do we need another Boston Tea Party? What are the major sources of revenue for the U.S. federal budget.

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  1. Do we need another Boston Tea Party? What are the major sources of revenue for the U.S. federal budget.

Answered Same DayApr 19, 2021

Answer To: Do we need another Boston Tea Party? What are the major sources of revenue for the U.S. federal...

Soumi answered on Apr 20 2021
137 Votes
Running Head: MACRO ECONOMICS        1
MACRO ECONOMICS        3
MACRO ECONOMICS
1. Do we need another Boston
Tea Party? What are the major sources of revenue for the U.S. federal budget?
The Boston Tea Party was a revolution relating to the free trade of tea in America by the British. According to Campbell (2019), the contribution of the corporate tax is very low, which indicates that the companies in America get the advantage of free trade. Therefore, there is an urgent requirement to improve the taxation system of America to ensure an increase in tax revenue from the government. Therefore, it can be said that there is a requirement of a similar revolution to ensure...
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