Which of the following taxes is the most significant source of revenue for local governments?

Question

Quizplus · Accepted Answer

Property tax is typically the most significant source of revenue for local governments as it is levied on real estate in the jurisdiction. These taxes are used to fund local services such as schools, police departments, and waste management. Employment tax and income tax are typically collected by the state and federal government, respectively, and are not the primary sources of revenue for local governments.

Which of the Following Taxes Is the Most Significant Source