The share of national income going to state and local taxes
A) has risen steadily in the past 40 years to about 22 percent.
B) has dropped steadily in the past 40 years to about 6 or 7 percent.
C) grew substantially until the early 1970s and has leveled off at about 10 to 11 percent.
D) fell steadily until the early 1970s and has risen steadily since then.

Question

Quizplus · Accepted Answer

According to data from the Tax Foundation, the share of national income going to state and local taxes grew substantially until the early 1970s, reaching a peak of 13.9% in 1977. Since then, it has leveled off at about 10 to 11%, with some fluctuations in individual years. Therefore, option C is correct.

The Share of National Income Going to State and Local