State and local governments
A) use a mix of taxes and fees to generate revenue.
B) are required by federal mandate to levy income taxes.
C) are required to tax property at a standard rate set by the federal government.
D) cannot impose state excise taxes on products that are taxed by the federal government.

Question

Quizplus · Accepted Answer

State and local governments use a mix of taxes and fees to generate revenue, which can include property taxes, sales taxes, income taxes, and various fees such as licensing fees or parking fees. The specific mix of taxes and fees varies by state and locality.

State and Local Governments