what are three sources of revenue for state and local governments?

Answer 1

Taxes, fees, fines. Steady stream or project funds come from bonds- but those are paid off by taxes, fees, and fines.
Property taxes, sales taxes (usually a biggie), income taxes. Vehicle registration fees, marriage license fees, business fees - and to a much less extent fines (like paying your traffic tickets)

Answer 2

The blood, sweat, and tears of working people! :)

Seriously--sales taxes, property taxes, income taxes. Other sources include things like "user/license fees" (like the ad valorum taxes on cars or fees to get your driver's license), corporate income taxes/inventory taxes, etc. In some cases, state/local agnencies also charge for services--like the tuition people pay to go to a state college.

Answer 3

No. maximum states acquire maximum folk of their sales from earnings and sales taxes. There are some noteworthy exceptions nevertheless. Alaska gets maximum of its gross sales from the oil industry which will pay royalties to the state for drilling rights. A element of those royalties are paid to citizens each and each year, based upon the financial reserves interior the Alaska everlasting investment Fund. (curiously, opposite to what former a million/2-governor Palin claims, it fairly is the purest form of Socialism interior the U. S. at present.) Texas used to generate maximum of its gross sales from the oil industry, whether that has no longer been the case because of the fact the cave in of the oil markets in Texas interior the previous due Nineteen Eighties. considering the fact that then, TX has raised sales taxes, property taxes, and gasoline taxes extensively and those now generate maximum folk of state sales.) Florida and Nevada generate maximum folk of their sales from tourism, nevertheless the two have incredibly excessive sales and property taxes besides. Tennessee has excessive property and sales taxes and additionally taxes unearned earnings. New Hampshire has no sales or earned earnings tax yet does tax unearned earnings and has very excessive property taxes. New Hampshire additionally operates all liquor shops state huge. it fairly is the 2nd purist form of Socialism interior the U. S. at present. Wyoming has incredibly excessive sales and property taxes, nevertheless the state grants little or no interior the way of amenities for citizens. It additionally has very low inhabitants density. Washington has excessive sales and property taxes.

Answer 4

There's only one. The people.

Answer 5

Sales tax, property tax and income tax.

Answer 6

Theft, bribery, and extortion -- known as their legal counterparts taxes, fees, and fines, respectively.

Answer 7

1st main pillar (local banks) 2nd(the economy) 3rd(tax) because the tax don earn much for them.

Answer 8

Taxes , taxes and taxes