Many states have cut corporate income tax rates or granted ...

[ARLKQ]

Many states have cut corporate income tax rates or granted generous exemptions as a way to try to attract businesses to their state.
 
  Indicate whether the statement is true or false

Question 2

Fiscal capacities can be defined as ________.
 
  A. limits placed on state spending by the U.S. Congress
  B. the potential borrowing power of a state or municipality
  C. the revenues a state brings in within a fiscal year
  D. the economic resources a state may tax
  E. the expenditures of states on cashing assistance

[Ahnyah]

Answer to Question 1

TRUE

Answer to Question 2

D