With respect to state finance, for most states, which of the following is true?
1) Estate taxes are the major source of revenue and most expenditures are for health services.
2) The corporate income tax is the major source of revenue and natural resource development is the major type of expenditure.
3) Property taxes are the basic source of revenue and education is the major type of expenditure.
4) Sales and excise taxes are the major source of revenue and education is the major type of expenditure.
