Which of the Following Statements Is True

question 23

Multiple Choice

Which of the following statements is true?

• A)The federal government raises roughly as much revenue from taxation as all state and local governments combined.
• B)The federal government raises significantly more tax revenue than all state and local governments combined.
• C)State and local governments combined raise twice as much revenue from taxation as the federal government.
• D)State and local governments combined raise three times as much revenue from taxation as the federal government.
• E)State and local governments combined raise six times as much revenue as the federal government.