Which of the following is not a revenue to a local govern...
Which of the following is not a revenue to a local government?
Fines
Licenses
Personal income tax
Tenement rates
Correct answer is C
State and local governments collect tax revenues from three primary sources: income, sales, and property taxes. Income and sales taxes make up the majority of combined state tax revenue, while property taxes are the largest source of tax revenue for local governments, including school districts.
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