Which of the following statements best explains the importance of taxing by Congress?(1 point)
Responses
The importance of taxing is to decrease the national debt.
The importance of taxing is to raise revenue for the federal government.
The importance of taxing is to eliminate personal consumer debt and loans.
The importance of taxing is to help all citizens fund and pay for personal living expenses.
The importance of taxing is to raise revenue for the federal government.
The correct statement that best explains the importance of taxing by Congress is:
The importance of taxing is to raise revenue for the federal government.