The document discusses sources of government revenue at the federal, state, and local levels in the United States. At the federal level, the largest sources of revenue are individual income taxes, FICA taxes, borrowing, and corporate income taxes. For states, the largest sources are intergovernmental transfers, sales taxes, and individual income taxes. For local governments, the largest sources are intergovernmental transfers and property taxes. The document also briefly discusses criteria for effective taxes, types of taxes, and current issues in tax reform.
![9-1: The Economics of Taxation ,[object Object],[object Object],[object Object],[object Object]](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)