Which statement about Florida's revenue is true?

• A. Revenue comes from sales taxes, fees, state funds, and federal funds, not personal income tax.
• B. Revenue comes from personal income tax and corporate tax.
• C. Revenue comes only from property taxes.
• D. Revenue comes only from state lottery.

Answer: (A)

Florida funds its government through a mix of sales taxes, fees for services and licenses, state funds, and money from the federal government. A key point is that there is no state personal income tax. Because of that, revenue from personal income tax isn’t part of Florida’s fiscal picture. Property taxes are largely collected by local governments, not the state, and lottery revenue contributes only a portion of overall funds. So the statement that Florida’s revenue comes from sales taxes, fees, state funds, and federal funds, not personal income tax, accurately reflects how Florida pays for government services.