Using the fiscal year 2013 estimates, the largest component of state and local revenue is the

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According to fiscal year 2013 estimates, the largest component of state and local revenue is sales, excise, and gross receipts taxes, which accounted for 34.5% of total revenue. Individual income tax was the second largest component, accounting for 29.5%, followed by revenue from the federal government at 22%, and corporate income tax at 4.6%.

Using the Fiscal Year 2013 Estimates, the Largest Component of State