This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Production taxes on oil and natural gas are known as a. income tax. b. franchise tax. c. ... (Read 30 times)

Lobcity

  • Hero Member
  • *****
  • Posts: 524
on: Jul 8, 2018
Production taxes on oil and natural gas are known as
 
  a. income tax.
  b. franchise tax.
  c. property tax.
  d. severance tax.
  e. sales tax.

Question 2

Which of the following regarding the property tax is NOT true?
 
  a. In the past, the property tax was highly regressive, but as more lower-income people own homes, the propertytax has become more progressive.
 b. One traditional rationale for the use of the property tax is that it taxes people who benefit the most from localpublic services.
 c. Overall, the property tax contributes less than 2 percent of total revenue collected by state governments.
  d. Property taxes are consistently rated as the most unpopular tax by Americans.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tennis14576

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jul 8, 2018
Answer to Question 1

B

Answer to Question 2

a


Lobcity

  • Member
  • Posts: 524
Reply 2 on: Jul 8, 2018
Great answer, keep it coming :)

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

3D Plant Layout - Side View for Dual-Stage Pressure Production of Nitric Acid 3D Plant Layout - Side View for Dual-Stage Pressure Production of Nitric Acid
Ten Leading Causes of Death in High-Income Countries, 2008 Ten Leading Causes of Death in High-Income Countries, 2008
Earth scientists have devised a scheme to divide the planet’s natural history into distinct time ... Earth scientists have devised a scheme to divide the planet’s natural history into distinct time ...
How to transform the natural exponential function (e^x) How to transform the natural exponential function (e^x)
Structures of Voice Production Structures of Voice Production
No gene interaction in the production of feather color in budgerigar parakeets No gene interaction in the production of feather color in budgerigar parakeets
Video: Cellular Respiration & Glucose Mobilization (Glucose transport & Phosphorylation of Glucose)

For a complete list of videos, visit our video library