Asked by
Danielle Garcia
on Nov 30, 2024Verified
The sales tax is the most important source of _____ government revenue.
A) federal
B) state
C) local
Sales Tax
A tax imposed on sales of goods and services, typically collected by the seller and passed on to the government.
Government Revenue
The total income received by the government from taxes, fees, fines, and other sources.
- Understand the foremost sources of revenue from taxes at the federal and state tiers and their meaning.
Verified Answer
KS
Learning Objectives
- Understand the foremost sources of revenue from taxes at the federal and state tiers and their meaning.