The principal source of local government revenue is:
A)property taxation.
B)sales taxation.
C)income and payroll taxation.
D)aid from the federal government.
E)none of the above.

Question

Quizplus · Accepted Answer

Property taxation, such as taxes on real estate and homes, is the primary source of revenue for most local governments in the United States. Sales taxation and income/payroll taxation may also contribute to local government revenue, but property taxation is usually the largest source of funding. Aid from the federal government may be received, but it is not the principal source of revenue.

The Principal Source of Local Government Revenue Is