Born during the Great Depression, the _______ is the most important source of revenue for states, which collected more than $352 billion in 2007.

Question

Quizplus · Accepted Answer

The sales tax is commonly known as the most important source of revenue for states, as it is a tax on consumer purchases that generates significant amounts of revenue. The other options listed (consumption tax, excise tax, general property tax, school tax) are not typically as significant in terms of revenue generation for states.

Born During the Great Depression, the _______ Is the Most