Which of the following is not a primary revenue source for most states?
A) Property taxes.
B) Severance taxes.
C) Sales or use taxes.
D) Income or franchise taxes.

Question

Quizplus · Accepted Answer

Most states rely on property taxes, sales or use taxes, and income or franchise taxes as their primary revenue sources. Severance taxes, which are taxes on the extraction of natural resources, are not as common or significant for most states.

Which of the Following Is Not a Primary Revenue Source