Author Question: Local governments receive around _____ of their total revenue from intergovernmental transfers. ... (Read 45 times)

cnetterville · **on:** Jul 1, 2018

Local governments receive around _____ of their total revenue from intergovernmental transfers.

a. fifteen percent
b. twenty-five percent
c. thirty-five percent
d. forty-five percent

Question 2

Which of the following is not a potential problem with tax expenditures?

a. They compromise tax system fairness.
b. They make the tax structure less efficient.
c. They increase the political costs of the tax system.
d. They cause taxpayers to substitute towards favored activities.