Cryptocurrency Q&A
How do local governments make most of their revenue?
How do local governments make most of their revenue?
Ilaria
Tue Jan 14 2025
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7 answers
2047
I'm curious about how local governments generate their income. Specifically, I want to know the primary sources of revenue for these governments and how they maximize their earnings.
7 answers
Dario
Thu Jan 16 2025
Taxes played a crucial role in generating state and local general revenues in 2021.
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SsamziegangSerenadeMelody
Thu Jan 16 2025
Specifically, they accounted for 52 percent of these revenues.
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CryptoElite
Thu Jan 16 2025
Property taxes were a significant source of income, contributing 15 percent of the total.
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Stefano
Wed Jan 15 2025
Individual income taxes were also important, providing 13 percent of the revenues.
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Martino
Wed Jan 15 2025
General sales taxes played a notable part, making up 12 percent of the total.
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