Which statement is false?

A) The federal government collects more in Social Security taxes than in personal income tax.
B) The federal government collects more in Social Security taxes than in corporate income tax.
C) The federal government collects more in personal income tax than in corporate income tax.
D) None is false.

Social Security Taxes

Social Security taxes are taxes levied on both employers and employees to fund the Social Security program, providing benefits for retirees, disabled persons, and survivors.

Personal Income Tax

A tax levied on individuals or households based on their total annual income.

Corporate Income Tax

A tax imposed on the net income or profit of corporations.