Which of the following is a source of governmental financing that, according to its proponents, is not paid for by the public?

Question

Quizplus · Accepted Answer

Tax increment financing is a method of financing where the taxes generated from a specific area are used to fund development projects in that same area. Proponents argue that these taxes are generated by the new development itself and not by the general public, making it a self-funded source of financing. However, opponents argue that this can lead to the diversion of tax revenues from other public services and may not always result in a net economic benefit for the community.

Which of the Following Is a Source of Governmental Financing