In an average year,what is the state's largest single source of revenue?
A)corporate taxes
B)personal income taxes
C)federal grants
D)excise taxes

Question

Quizplus · Accepted Answer

Personal income taxes are typically the largest source of revenue for most states in the US. This is because they are a direct tax on residents' earnings and can generate significant revenue for the state government. Corporate taxes and excise taxes tend to be much smaller sources of revenue, while federal grants can vary greatly from year to year based on federal funding priorities.

In an Average Year,what Is the State's Largest Single Source