asked 122k views
21 votes
What is the largest source of revenue for most states?

asked
User Lokesh
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8.4k points

2 Answers

3 votes

Answer:

Texas

Step-by-step explanation:

Texas represent the largest single source of revenue for state and local governments.

answered
User Evelyn
by
8.0k points
11 votes

Answer: Taxes represent the largest single source of revenue for state and local governments.

Step-by-step explanation:

State government revenue comes from income, sales, and other taxes; charges and fees; and transfers from the federal government. Taxes accounted for about half of all general revenue in 2017. State governments collected $2.0 trillion of general revenue in 2017.

answered
User Greenhat
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8.3k points

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