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At the state and local levels in the United States, the largest source of tax revenue is

Villerys39

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At the state and local levels in the United States, the largest source of tax revenue is

Question 1.

The largest source of revenue for the federal government of the United States is from

• tariffs collected on imported goods.

• property taxes imposed on private property.

• sales taxes on items purchased for consumption.

• individual income taxes.

Question 2.

At the state and local levels in the United States, the largest source of tax revenue is

• the individual income tax.

• the property tax on real estate.

• the sales tax.

• grants from the federal government.

Textbook

Microeconomics

Edition: 7^th

Authors: Hubbard, O'Brien

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