Which Statement Is Most Accurate About the Sources of Revenue

Which statement is most accurate about the sources of revenue for local and state governments?

A) Taxes generate well over one-half the total revenue of local and state governments.
B) Property taxes generate the most tax revenue for both local and state governments.
C) Between 30 and 40 percent of the revenue for local and state governments comes from
D) grant money.
E) Local and state governments generate an equal amount of revenue from issuing licenses and certificates.