In 2011, the largest source of receipts for state and local governments was corporate income taxes.

Name: In 2011, the largest source of receipts for state and local governments was corporate income taxes.
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According to the U.S. Census Bureau, the largest source of receipts for state and local governments in 2011 was property taxes, followed by individual income taxes and sales taxes. Corporate income taxes accounted for a smaller portion of total receipts.

In 2011, the Largest Source of Receipts for State and Local