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Show Foundation Cites Sales Tax Role The general sales tax was the most productive state revenue source in a total of 27 states during dur-ing the 1957 fiscal year, according accord-ing to a report just released by Utah Foundation. During the past year, the sales tax became the principal revenue producer in three new states Arkansas, Nevada and Pennsylvania. Previously, Pre-viously, the gasoline tax had been the major revenue source in these three states. Foundation analysts point out, however, that while the general sales tax is the most important revenue source for state governments, gov-ernments, the property tax remains re-mains as the largest revenue producer for state and local units combined. During the 1956 fiscal year, the property tax produced $11.7 billion throughout the nation, na-tion, compared with $3.6 billion in general sales tax collections. In further analysis, the report notes that income tax collections are the most important source of state revenue in a total of twelve states. Seven states receive re-ceive the severarance tax is the chief revenue producer. Last year, the sales tax produced pro-duced $23.4 million in Utah and accounted for 30 per cent of all state, tax collections. 0 |