Question

the main source of revenue generation of state is
A taxes
B traiffs
C Borrowing
D fine and penalties ​

Answer 1

State and local governments collect tax revenues from three primary sources: income, sales, and property taxes. Income and sales taxes make up the majority of combined state tax revenue, while property taxes are the largest source of tax revenue for local governments, including school districts.

Hope it helps you. Jai Shri Krishna