Which statement regarding the mix of state revenues is FALSE?
A)The 50 states combined had over $1.6 trillion annual revenue in 2011.
B)Over 70 percent of all stategenerated (or "own source")revenues come from taxation.
C)Most revenue from direct charges for public services is in the form of tuition for higher education.
D)With few exceptions,states generate nearly all of their tax revenues from the general sales tax.

Question

Which statement regarding the mix of state revenues is FALSE?
A)The 50 states combined had over $1.6 trillion annual revenue in 2011.
B)Over 70 percent of all state­generated (or "own source")revenues come from taxation.
C)Most revenue from direct charges for public services is in the form of tuition for higher education.
D)With few exceptions,states generate nearly all of their tax revenues from the general sales tax.

Quizplus · Accepted Answer

States generate a significant portion of their tax revenues from various sources, not just the general sales tax. These sources include income taxes, corporate taxes, excise taxes, and property taxes, in addition to the general sales tax.

Which Statement Regarding the Mix of State Revenues Is FALSE