Which of the following forms of taxation accounts for the largest share of taxes received by state and local governments?

Name: Which of the following forms of taxation accounts for the largest share of taxes received by state and local governments?
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Question

Quizplus · Accepted Answer

Sales, excise, and gross receipts taxes typically account for the largest share of taxes received by state and local governments, as they are applied to a wide range of goods and services that generate significant revenue.

Which of the Following Forms of Taxation Accounts for the Largest