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1) TFU: Government expenditure and investment has remained fairly constant as a fraction of GDP since 1960, even as transfers have risen. 2) TFU: Most

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1) TFU: Government expenditure and investment has remained fairly constant as a fraction of GDP since 1960, even as transfers have risen. 2) TFU: Most of state government revenue comes from the income tax, and most Federal gov ernment income comes from the sales tax

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