Which of the following presidents developed the policy of revenue sharing?
A) Ronald Reagan
B) Franklin Roosevelt
C) Woodrow Wilson
D) Theodore Roosevelt
E) Richard Nixon

Question

Quizplus · Accepted Answer

Revenue sharing was developed by President Richard Nixon in 1972 as a way to provide financial assistance to state and local governments while also reducing the size and scope of the federal government. This policy allowed for a portion of federal tax revenues to be distributed to states and localities for their own use and discretion, rather than being allocated through specific federal programs.

Which of the Following Presidents Developed the Policy of Revenue