Which of the following statements best explores the connection between property taxes and local government spending?(1 point)

Responses

Most local governments rely on income tax, not property tax, for revenue.
Most local governments rely on income tax, not property tax, for revenue.

Most property taxes are collected at the national level and spent at the local level.
Most property taxes are collected at the national level and spent at the local level.

Most property taxes are collected at the local level and spent at the national level.
Most property taxes are collected at the local level and spent at the national level.

Most local government spending is funded by property taxes.

Most local government spending is funded by property taxes.

The correct answer is: Most local government spending is funded by property taxes.

The statement that best explores the connection between property taxes and local government spending is: "Most local government spending is funded by property taxes."