What is the largest source of revenue for local government as a whole? A. Sales tax
B. User fees
C. Property tax
D. Fines
What is the largest source of revenue for local government as a whole?
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What is the largest source of revenue for local government as a whole? A. Sales tax
B. User fees
C. Property tax
D. Fines
The correct answer is C. Property tax.
Property tax typically accounts for the largest source of revenue for local governments. It is levied on real estate properties and provides essential funding for local services such as public schools, infrastructure maintenance, and emergency services. Sales tax and user fees contribute to revenue as well, but property tax remains the most significant source for local governments.