A major source of revenues for state and local governments is _____.
A) income taxes
B) payroll taxes
C) intergovernmental revenues
D) estate taxation
Correct Answer:
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Q11: In 1950,the largest category of state and
Q12: Most income tax revenues are collected by
Q13: The most progressive tax of the major
Q14: In any given year,many people at the
Q15: The federal government relies most heavily on
Q17: Most changes in tax laws tend to
Q18: Which of the following is not a
Q19: The increase importance of Social Security taxes
Q20: Special interests are likely to have less
Q21: The 2002 tax reform is a good
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