Money: The Federal Government

The federal government collect their money from different ways, but their favorite way to take money is through income taxes, percentage of salary we earn at the job. Almost half of the money which collected by the government is from income taxes. The rest of the government revenue is from corporate taxes, sale taxes, and another tax from imported taxes and fuel. The federal spend about two fifth of the money on federal initiatives. The biggest single expense is paying down interest on the national debt. The next biggest expense is paying for national defense follow by spending on public safety, and the rest of spend is on many other programs. Most of the federal government’s money is transferred directly to the people and the territories.