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What of the following is another way state and local governments raise revenue from citizens?
Wiki User
∙ 6y ago
There are a few to help finance a government. The local government can throw fundraisers, or look for for people who have a lot of money to give donations.
Wiki User
∙ 10y ago
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Which of the following is NOT an independent agency?
Internal Revenue Service
The main source of revenue for local governments is .?
Local taxes like sales tax and real estate taxe, and permit fees.
For what purpose may congress impose a tax?
One of the purposes that may make the congress to impose a tax is to increase the revenue of the government. When the revenue is increased, the federal government is able to provide the basic services to its citizens.
What are the source of government revenue?
In the United States, it's Personal Income Tax.
What year was the Internal Revenue Service created?
Started in 1862 as the bureau of internal revenue, name changed to internal revenue service in 1953.
What is the major source of revenue for most state governments?
Most state governments depend on at least one the following: sales tax, and income tax. 48 out of 50 states have at least one of those two in place, and derive the large majority of their revenue from them.
Where does governments' revenue come from?
Most government revenue comes from us
How do government generates revenue?
Governments can only generate revenue in three ways, usually a combination of the following three; 1) taxation, 2) borrowing (selling treasuries), 3) printing currency
What are the sources for revenue for local governments?
The main source of local government revenue is intergovernmental transfers.
The governments benefit from a tax can be measured by?
tax revenue
What are the main sources of revenue for local governments?
The main source of local government revenue is intergovernmental transfers.
What is the largest source of revenue for county governments?
Petroleum
Why is taxation important in the phlippines?
Like all governments, that is the principle way in which governments raise revenue with wihich to operate.
Why is property tax so popular with local governments and why is it sometimes criticized?
It is so important because it is what creates the governments revenue.
What is revenue tax?
Tax revenue is the income that the government gets from individuals paying their yearly taxes. Anytime taxes are taken out of your paycheck, that goes to the governments tax revenue.
Which is the major source of tax revenue for central government?
Citizens.
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.
