Author Question: Based on political-science research, which of the following is the best explanation for the state's ... (Read 82 times)

jman1234 · **on:** Jul 8, 2018

Based on political-science research, which of the following is the best explanation for the state's historic reliance on severance taxes on oil and gas production?

a) The oil and gas industry in Texas has been politically weak.
b) Democrats have historically controlled the Texas legislature and held the governor's mansion.
c) The Texas economy has historically been based on oil and gas production.
d) Organized labor in Texas has been politically powerful.
e) The state's efforts to protect the eco-system have been strong.

Question 2

Economists who favor tax systems designed to promote economic growth believe that which of the following taxes has the largest NEGATIVE impact on economic growth?

a) sales tax
b) property tax
c) income tax
d) excise tax
e) estate tax