Which is the most important source of tax revenue for local governments?

Question

Quizplus · Accepted Answer

Property taxes are the most important source of tax revenue for local governments. This tax is levied on the value of real property, such as land and buildings, and is collected by local governments to fund services like schools, police and fire departments, and road maintenance. While other taxes like corporate income taxes, sales and excise taxes, and personal income taxes also contribute to local government revenue, property taxes are generally the largest and most stable source of funding for local governments.

Which Is the Most Important Source of Tax Revenue for Local