What are the main sources of revenue for local governments


Asked by wiki @ in Social Studies viewed by 51 People


What are the main sources of revenue for local governments?

a) Federal Grants
b) Income Tax
c) Property Taxes
d) State Grants

Answered by wiki @


b) Income Tax

c) Property Taxes

The chief way  in which local government receives their income is mainly from taxation.  Forty-five percent of government income comes from people' personal income tax and Property taxes. Other 39 percent of government income generates from Social Security and Medicare.

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