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Shayne Stokes

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3y ago

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What is the main source of income for most states?

sales tax


What is the main source of income in Missouri?

Income Taxes bring in the most revenue for the state of Missouri


What is a primary tax source?

A primary tax source is the main source of revenue for a government. In most cases, the main source is from income tax and levy of goods and services.


What was new Hampshire's main income source?

SMHT is the largest and most important sector of the state's economy.


What is the largest single source of income for most states?

The largest single source of income for most states in the United States is typically state sales tax. This tax is levied on the sale of goods and services and provides significant revenue for state budgets. In addition to sales tax, states also rely on income tax, property tax, and various fees, but sales tax often constitutes the largest portion of revenue for many states.


How are fossil fuels qatar's main source of income?

Crude oil was based on the decomposition of ancient forests for the most part. Oil is called a fossil fuel and Qatar uses crude oil as a major source of income.


What is the most common source of income?

employment


The largest source of income in most states today comes from?

The largest source of income for most states today typically comes from tax revenues, particularly income taxes and sales taxes. Additionally, federal funding and grants also contribute significantly to state budgets. Other sources include property taxes and various fees. The specific composition can vary by state, depending on their economic structure and tax policies.


What is Washington's most important source of income?

money


How does Iowa make money?

Iowa is one of the 50 United States. Like most states, it's major source of income is from tax revenue.


In most states the largest single source of revenue comes from?

Due to the very different nature of U.S. states, there is no good answer to this question. The top three sources of income for US States are: sales tax, personal/corporate income tax, and passdown from the Federal government. Given that not all states have both income and sales taxes (some have only one or the other), and that the amount of Federal passdown can vary widely (both between different states, and from year to year), there is no good generalization to be made about the single biggest source of income for a majority of the states. Note, if you want to be strict about the word "revenue" (as in, a source of income that the state directly collects), that would exclude Federal passdown. 41 states impose an income tax (plus 2 which tax only investment/interest income), while 45 impose a sales tax. Two states (Alaska and New Hampshire) have no general sales or income taxes. The latter two states tend to rely on property/business income tax (in NH) and oil production taxes (AK) for the majority of their revenue.


What is the major source of income for Afghanistan?

Most of the income of afghan people is dry fruit exports, opium