The main source of revenue for local governments is _____

Question

Quizplus · Accepted Answer

Property taxes are the main source of revenue for local governments. This is because local governments are responsible for providing public services such as schools, roads, and public safety, which are mainly funded through property taxes. Income and sales taxes, individual income taxes, and corporate taxes are typically collected by state and federal governments. Foreign taxes are not relevant to local governments.

The Main Source of Revenue for Local Governments Is _____