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

Author Question: Which characterization of the Texas system of taxation is not accurate? a. The business franchise ... (Read 111 times)

mp14

  • Hero Member
  • *****
  • Posts: 534
on: Jul 8, 2018
Which characterization of the Texas system of taxation is not accurate?
 
  a. The business franchise (margins) tax in Texas is a significant burden on the business community and has raised far more money for the state than expected.
  b. Texas has no personal income tax and no true corporate income tax.
 c. Texas tax policy reflects its individualistic and traditionalistic political cultures.
 d. Texas taxes place a heavier burden on low- and middle-income families than on businesses or the wealthy.
  e. Texas overrelies on sales taxes.

Question 2

The overall tax system in Texas _____.
 
  a. falls much more heavily on the rich than on the poor
  b. falls more heavily on the middle class than either the rich or poor
  c. relies on pay-as-you-go taxes that are equitable to all groups
  d. falls disproportionately on poor and middle income earners
  e. is financed by voluntary taxes such as sin taxes on optional items like cigarettes and the Texas Lottery


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Pariscourtney

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jul 8, 2018
Answer to Question 1

a

Answer to Question 2

d


mp14

  • Member
  • Posts: 534
Reply 2 on: Jul 8, 2018
Gracias!

Dinolord

  • Member
  • Posts: 313
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

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.

Relationship of the conduction system to an ECG strip. Relationship of the conduction system to an ECG strip.
Limbic system. Limbic system.
Procedures and Diagnostic Tests Related to the Integumentary System Procedures and Diagnostic Tests Related to the Integumentary System
The Central and Peripheral Nervous System The Central and Peripheral Nervous System
Male Reproductive System - Semen Male Reproductive System - Semen
Roof Structural System Roof Structural System
Video: Bond in biological molecules (Ionic, Covalent and Hydrogen bonds)/ How atoms bond?

For a complete list of videos, visit our video library