SOLUTION: The source of federal government revenue for a specific year is 50% from individual income taxes 32% from social insurance payroll taxes 10% from corporate income taxes 3

Algebra.Com
Question 328027: The source of federal government revenue for a specific year is
50% from individual income taxes
32% from social insurance payroll taxes
10% from corporate income taxes
3% from excise taxes
5% other
If revenue is selected at random, what is the probability that it comes from individual or corporate income taxes?

Answer by rapaljer(4671)   (Show Source): You can put this solution on YOUR website!
You can add the first three categories or numbers together, or it will be easier to add the last two numbers 3% +5%=8%, and subtract from 100%, which gives you 92%.

Dr. Rapalje

RELATED QUESTIONS

Ryan Seary works at US Airways and earned $58,650 last year before tax deductions. From... (answered by ikleyn)
Hi there, I had tried to solve this word problems...can't figure it out!! Everytime, I... (answered by solver91311)
Hi there, I had tried to solve this word problems...can't figure it out!! Everytime, I... (answered by mananth)
Suppose you make $3000.00 per month. You pay a Social Security tax at a rate of 6.2% and... (answered by Theo)
Alice’s employer withholds from her monthly paycheck $102 for federal and state taxes and (answered by TutorDelphia)
The mean federal income tax paid last year by a random sample of 32 persons selected from (answered by ewatrrr)
if you earned up to 5,000,000 in 2016 from an employer, your social security tax rate was (answered by Theo)
Signe received a $5200 income tax refund from the federal government. She invested some... (answered by lwsshak3,josmiceli)
Marissa recently started working part time for a store that pays her $10.80 per hour. She (answered by Boreal)