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15y ago

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What is the largest source of tax money for local governments?

income tax :]


What are income tax authorities?

Income-taxing authorities are any entity to which the law imputes the right and power to collect income tax. These are the federal government, State governments, and local or municipal governments, where the grants of this power are made by the State to the local or municipal governments, and not simply exercised by local and municipal governments on behalf of the State.


Where do local governments get their least amount funding from?

Income Tax


What is the primary source of revenue for local government?

The primary source of income for local governments are real estate taxes. Some cities also impose their own wage taxes and sales taxes ( such as New York City and Yonkers).


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 sources for revenue for local governments?

The main source of local government revenue is intergovernmental transfers.


What are the main source of capital for the national state and local governments?

taxes


What is the property tax that raises the most revenue for local governments?

personal income tax


Which taxes help fund the state and local governments?

Income taxes and inport tarffs


What are the main sources of revenue for local governments?

The main source of local government revenue is intergovernmental transfers.


What is a major source of fund for local governments in Georgia?

Ad Valorem taxes


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

public schools