Most important source of state tax revenue is the sales tax

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Reference no: EM13853914

Which statement is false?

a. About one out of every ten dollars of federal government spending goes toward interest on the national debt.

b. Over one out of every three dollars of federal tax revenue comes from social insurance receipts.

c. The most important source of local tax revenue is income tax.

d. The most important source of state tax revenue is the sales tax.

Reference no: EM13853914

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