« previous next »

Author Question: Why are revenue shortfalls such a problem for the Texas tax system? a. The state relies too much ... (Read 99 times)

daltonest1984

  • Hero Member
  • *****
  • Posts: 536
on: Jul 8, 2018
Why are revenue shortfalls such a problem for the Texas tax system?
 
  a. The state relies too much on sales taxes.
  b. When the economy is weak, people stop buying and thus stop paying sales taxes.
  c. The system relies heavily on spending by low- and middle-class individuals.
  d. All of these are reasons for revenue shortfalls.
 e. None of these is a reason for revenue shortfalls.

Question 2

The two most significant problems with the tax system in Texas are _____.
 
  a. fairness and the lack of elasticity
 b. its focus on personal and corporate income taxes
 c. its overreliance on state property taxes and borrowing
  d. its overtaxing of businesses both large and small
 e. all of these


dajones82

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jul 8, 2018
Answer to Question 1

d

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

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.

Lymphatic vessels (green) pick up excess tissue fluid, purify it in lymph nodes, and return it to th Lymphatic vessels (green) pick up excess tissue fluid, purify it in lymph nodes, and return it to th
Gastrointestinal system Gastrointestinal system
Detection of Hypovolemia by the Kidney and the Renin–Angiotensin System Detection of Hypovolemia by the Kidney and the Renin–Angiotensin System
How to solve a linear system when the variable is in the denominator position (Question 1 of 2) How to solve a linear system when the variable is in the denominator position (Question 1 of 2)
Microbiology with Diseases by Body System, 3e (Bauman) Microbiology with Diseases by Body System, 3e (Bauman)
Problem Problem
Video: Fetal development - Weeks 9 to 38

For a complete list of videos, visit our video library