The most important source of revenue for the Canadian federal government is taxes; the most important source of revenue for Canadian municipal governments is taxes.

Question

Quizplus · Accepted Answer

The statement clearly states that taxes are the most important source of revenue for both the Canadian federal government and municipal governments. The choices that match this statement are A (income and property taxes) and B (property and payroll taxes). However, income taxes are the largest revenue source for the federal government, while property taxes are the largest revenue source for municipal governments. Therefore, A is the better choice as it lists income taxes first, which is the larger source of revenue for the Canadian government.

The Most Important Source of Revenue for the Canadian Federal