Revenue collected by sales and property taxes in 2003 amounts to
A) less than 10 percent of the revenue collected to run state and local governments.
B) approximately 25 percent of the revenue collected to run state and local governments.
C) approximately 33 percent of the revenue collected to run state and local governments.
D) approximately 40 percent of the revenue collected to run state and local governments.
E) well over 40 percent of the revenue collected to run state and local governments.
Correct Answer:
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