Question

multiple choice
which of the following statements are true about taxes?
select all that apply.
a sales tax applies to all purchases.
b property taxes are mainly used to support local government.
c the federal government uses income taxes as its main source of revenue.
d income tax and property tax are both collected only once in a persons lifetime.

Explanation:

• A is false as some purchases may be tax - exempt.
• B is true as property taxes often fund local services like schools and infrastructure.
• C is true as income tax is a major revenue source for the federal government.
• D is false as income tax is collected annually and property tax is usually collected regularly (e.g., annually).

Answer:

B. Property taxes are mainly used to support local government.
C. The federal government uses income taxes as its main source of revenue.