The Main Source of Revenue for State Governments Is _____

question 157

Multiple Choice

The main source of revenue for state governments is _____

• A) property taxes.
• B) income and sales taxes.
• C) individual income taxes.
• D) corporate taxes.
• E) foreign taxes.

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Definitions:

Stop Smoking

The process of quitting the habit of smoking tobacco products.

Budget

An itemized summary of estimated or intended expenditures for a given period along with proposals for financing them.

Income

Money received, especially on a regular basis, for work or through investments.

Expenses

Costs or charges incurred in the process of conducting activities or achieving objectives, such as living costs or business expenditures.