The primary source of government revenue is:
A) printing money.
B) borrowing and the resulting deficits.
C) taxes.
D) user fees.

Question

Quizplus · Accepted Answer

Taxes are the primary source of government revenue. This includes income tax, sales tax, property tax, excise tax, and other taxes that the government charges to individuals and businesses. Other sources of government revenue, such as borrowing and user fees, are secondary and typically cannot generate as much revenue as taxes. Printing money as a source of revenue is not sustainable in the long term and can lead to inflation.

The Primary Source of Government Revenue Is