The three major taxes in California that cover most of California's expenditures are ______.

Question

Quizplus · Accepted Answer

The personal income tax, sales tax, and corporate tax are the three major taxes in California that cover most of the state's expenditures. Property taxes and excise taxes are also important sources of revenue for the state, but they do not make up as much of the overall budget as the other three taxes listed. Corporate taxes and vehicle license fees are important sources of revenue, but they do not generate as much revenue as personal income and sales taxes.

The Three Major Taxes in California That Cover Most of California's