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What is the major source of revenue for most state governments?
Wiki User
∙ 9y ago
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.
Wiki User
∙ 9y ago
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Which of these is not an example of a non tax source of revenue for state and local governments?
public schools
What is the largest nontax source of revenue for the state of Georgia?
The state lottery is the major nontax revenue in Georgia. The lottery contributes more than $700 million of revenue annually to Georgia.
What U.S. state brings the most revenue?
California
For which expense do state governments provide financial help to their local governments?
Education and public schools
Which of these is one of the greatest sources of state revenue?
sales tax A+
Which of these is not an example of a non tax source of revenue for state and local governments?
public schools
What is the single most important source of revenue for state governments today?
Sales tax.
Meaning of advalorem?
Ad Valorem tax is tax that is based on the assessed value of personal property or real estate. They are the major source of revenue for state and municipal governments.
What is the largest nontax source of revenue for the state of Georgia?
The state lottery is the major nontax revenue in Georgia. The lottery contributes more than $700 million of revenue annually to Georgia.
How may distilled spirits be said to be a major source of tax revenue?
Federal, state, and local governments received more than $7.5 billion per year in tax revenue from the distilled spirits industry and $18 billion from the entire alcoholic beverage industry.
Does the Texas state constitution gives local county governments a lot of flexibility when it comes to revenue and expenditures?
no
What are the main sources of state revenue and how do they differ from the main sources of local revenue?
The main sources of state revenue come from personal income tax. They differ from the main sources of local revenue because states get income, property and sales taxes local governments get property taxes plus they get money from the state.
What are the main source of capital for the national state and local governments?
taxes
What is the main way that state and local governments get money to run the government?
Property taxes are the main source of funding for local governments.
What are the two leading sources of state tax revenue?
the sources of public revenue is tax from citizen also the government can take loans from foreign governments public revenue can also be generated from goodwills to the government and also through international trade.
What is the main source of income in Missouri?
Income Taxes bring in the most revenue for the state of Missouri
What are the sources of local government revenue in Malaysia?
The local government operates as a centralized political system. The local Malaysian governments main sources of revenue are land ownership and state water supply.
