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Author Question: Many states have cut corporate income tax rates or granted generous exemptions as a way to try to ... (Read 55 times)

ARLKQ

  • Hero Member
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  • Posts: 571
on: Jul 9, 2018
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

  • Sr. Member
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Reply #1 on: Jul 9, 2018
Answer to Question 1

TRUE

Answer to Question 2

D


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