10f the following, the largest source of tax revenue collected by state and local governments comes from lottery revenues. death taxes. individual income taxes. sales taxes. corporate income taxes.

Question

10f the following, the largest source of tax revenue collected by state and local governments comes from lottery revenues. death taxes. individual income taxes. sales taxes. corporate income taxes.

Answer 1

The correct answer is:**sales taxes.**### Explanation:State and local governments primarily rely on sales taxes as one of their largest sources of tax revenue. While individual income taxes are significant in some states, not all states impose an income tax. Sales taxes, however, are more universally applied across states and localities, making them a major source of revenue. Other options like lottery revenues, death taxes, and corporate income taxes contribute much less to overall state and local government revenue.

Question

10f the following, the largest source of tax revenue collected by state and local governments comes from lottery revenues. death taxes. individual income taxes. sales taxes. corporate income taxes.

Solution

Resposta