The two largest tax sources for Texas municipalities are
A) sales tax and property tax.
B) income tax and excise tax.
C) tariffs and sales tax.
D) property tax and income tax.

Question

Quizplus · Accepted Answer

Sales tax and property tax are the two largest tax sources for Texas municipalities. Income tax is not levied at the municipal level in Texas, and excise tax and tariffs are not significant sources of revenue for municipalities.

The Two Largest Tax Sources for Texas Municipalities Are