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Sales tax.

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Q: What is the single most important source of revenue for state governments today?
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What is the federal governments biggest single source of tax revenue?

The individual income tax is the government's biggest single source of tax revenue.


The federal government's biggest single source of revenue is from?

Individual income tax is the federal governments biggest source of revenue. It has been the biggest source of revenue since 1950.


Why is income tax important for the government?

income tax is one of the most important source of government revenue. in us around 31% and UK around 29% of government revenue comes from income tax . this is the biggest source of governments revenue. this is only one of many imporatnce.


What is the most important source of local tax revenue?

One of the most important sources of local tax revenue is property taxes. Every home owner in a municipality has to pay property taxes every year. These taxes help fund things like police salaries and schools.


What is the largest source of revenue for county governments?

Petroleum


What are the sources for revenue for local governments?

The main source of local government revenue is intergovernmental transfers.


What are the main sources of revenue for local governments?

The main source of local government revenue is intergovernmental transfers.


Which of these is not an example of a non tax source of revenue for state and local governments?

public schools


Which is the largest single source of the Indian government's tax revenue?

excise


What is the primary source of income for counties and municipalities in Georgia?

Property taxes


Largest single source of the government earning from the tax revenue?

earning tax


What is the most important source of revenue for the federal budget?

Through taxes