Which of the Following Taxes Is Not a Significant Source

question 54

Multiple Choice

Which of the following taxes is not a significant source of revenue for local governments?

• A)Real property tax
• B)Personal property tax
• C)Employment tax
• D)All of the above

---

Definitions:

Farm Subsidies

Financial support and assistance provided by the government to farmers and agribusinesses to supplement their income and manage the supply of agricultural commodities.

American Institution

Organizations, principles, or traditions that are foundational to the society and culture of the United States.

International Value

The worth of a product or service in the international market, often influenced by factors like exchange rates, demand and supply in global markets, and international competition.

Agricultural Exports

Goods produced through farming and agriculture that are sold to other countries.