Answered

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State and local governments get most of their tax revenues from income taxes.

A. True
B. False

Sagot :

GinnyAnswer

Final answer:

State and local governments primarily rely on taxes, including property and income taxes, as their main sources of revenue.


Explanation:

Taxes are the primary source of revenue for state and local governments, with income, property, and sales taxes being common examples.

Local governments mainly rely on property taxes, while state governments collect state income taxes and sales taxes as well.

Property taxes, sales taxes, and revenue from the federal government are the main revenue sources for state and local governments.


Learn more about Government revenue sources here:

https://brainly.com/question/8119190


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