The major source of revenue for local governments is ________ taxes.

Question

Quizplus · Accepted Answer

Property taxes are the primary source of revenue for local governments as it is levied on real estate and other properties. Personal income tax is collected by the state and federal governments. Sales tax is mainly collected by the state government, though local governments may also receive a portion. Inheritance and import taxes are not major sources of revenue for local governments.

The Major Source of Revenue for Local Governments Is ________