The process by which one unit of government yields a portion of its tax income to another unit of government according to an established formula is called

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General revenue sharing is the process by which a unit of government yields a portion of its tax income to another unit of government according to an established formula. This helps to distribute resources more evenly among different levels of government and can help to support smaller or less wealthy units of government. Preemption refers to the ability of a higher level of government to override or preempt the actions of a lower level of government. Means testing is a process by which eligibility for government programs or benefits is determined based on an individual's income or resources. Indexing refers to the practice of adjusting values or rates automatically based on changes in another variable, such as inflation or the cost of living.

The Process by Which One Unit of Government Yields a Portion