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10 / 22  Which statement is most accurate about the sources of revenue for local and state governments?
A  Taxes generate well over one-half the total revenue of local and state governments.
B  Property taxes generate the most tax revenue for both local and state governments.
C  Between 30 and 40 percent of the revenue for local and state governments comes from grant money.
D  Local and state governments generate an equal amount of revenue from issuing licenses and certificates.

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Source:  OpenStax, American government. OpenStax CNX. Dec 05, 2016 Download for free at http://cnx.org/content/col11995/1.15
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