A tax that generates the least revenue for states is the property tax. Hence, Option A is correct.
What is revenue?
Revenue is a term that has different meanings for different purposes, but the conclusion of all the purposes is the same. It can be stated that revenue is a kind of income or generated money that is done by people for a livelihood. In short, it is the income that is earned by the person with the help of an occupation.
This income is done by the means of the sale of goods and services that are provided by them to society. The concern that comes in the context of the given statement is how does the government get the revenue? The government receives this revenue from the people in form of tax that is applied to the earnings of the people.
Therefore, Option A: property tax is correct.
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