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Author Question: If too many people are exempted from a state's tax base, then a state is likely to need higher tax ... (Read 30 times)

haleyc112

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on: Jul 9, 2018
If too many people are exempted from a state's tax base, then a state is likely to need higher tax rates to raise sufficient revenue. This situation involves the issue of:
 
  A. tax base breadth.
  B. bracket creep.
  C. circuit breakers.
  D. indexation.

Question 2

A tax on a mineral that is extracted from the earth is called:
 
  A. a property tax.
  B. a real estate tax.
  C. an extraction tax.
  D. a severance tax.


durant1234

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Reply #1 on: Jul 9, 2018
Answer to Question 1

Answer: A

Answer to Question 2

Answer: D


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