Question

Which of the following is an example of a state's "tax revenue"?

• A. Government grants for education
• B. Income from state-owned enterprises
• C. Fines collected for traffic violations
• D. Excise duty on alcohol

Answer 1

Answer:

D. Excise duty on alcohol

• Tax revenues are the primary source of income for governments and include taxes on income, property, and consumption.

• Excise duty on alcohol is a tax levied by the state.