The Principal Source of Local Government Revenue Is

question 60

Multiple Choice

The principal source of local government revenue is:

• A)property taxation.
• B)sales taxation.
• C)income and payroll taxation.
• D)aid from the federal government.
• E)none of the above.

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Definitions:

Equity Preservation

Strategies or measures taken to maintain or protect the value of an investor's ownership stake in a company.

Venture Capitalist

An investor who provides capital to startup companies and small businesses with perceived long-term growth potential in exchange for equity, or ownership stake.

Potential Venture

A business idea or project that has the possibility of being developed into a successful commercial enterprise.

Vague

Describing something that is unclear, undefined, or not precise in meaning or details.