In general,the largest sources of revenue for state and local governments come from:
A)Sales taxes and property taxes
B)Sales taxes and corporate taxes
C)Property taxes and individual income taxes
D)Individual income taxes and sales taxes

Question

In general,the largest sources of revenue for state and local governments come from:
A)​Sales taxes and property taxes
B)​Sales taxes and corporate taxes
C)Property taxes and individual income taxes
D)Individual income taxes and sales taxes ​

Quizplus · Accepted Answer

Sales taxes and property taxes are the largest sources of revenue for state and local governments. These taxes are levied at state and local levels, and their collections are used to fund services such as public schools, roads, and healthcare. Corporate taxes and individual income taxes are also important sources of revenue, but sales and property taxes typically generate the most income for governments.

In General,the Largest Sources of Revenue for State and Local