Of the Following,the Largest Source of Tax Revenue Collected by State

question 75

Multiple Choice

Of the following,the largest source of tax revenue collected by state and local governments comes from

• A) individual income taxes.
• B) corporate income taxes.
• C) death taxes.
• D) sales taxes.
• E) lottery revenues.

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Definitions:

Industrialized Societies

Societies characterized by a high level of industrialization, where manufacturing, services, and technology play a key role in the economy.

Immigrant Parents

Parents who have moved from one country to another, often facing transitional challenges and cultural integration.

United States

A country located primarily in North America, known for its significant global economic and cultural impact.