Author Question: Which statement regarding the revenue structure of Texas is not true? a. Businesses pay about 15 ... (Read 64 times)

daltonest1984 · **on:** Jul 8, 2018

Which statement regarding the revenue structure of Texas is not true?

a. Businesses pay about 15 percent of the total tax revenue.
b. The general sales tax in Texas is assessed at 6.25 percent on goods and services.
c. Texas has one of the most regressive tax structures in the nation.
d. Heavy reliance on sales taxes gives Texas a very elastic revenue structure.
e. The tax system puts an undue burden on those least able to pay.

Question 2

Which statement about the Texas economy is not true?

a. The economic distance between highly skilled and unskilled workers is growing.
b. State policymakers expanded the Texas economy by creating a strong educational system.
c. The Texas economy has been characterized as a boom and bust economy.
d. Many of the jobs created in Texas are minimum-wage jobs.
e. Texas's tax structure is favorable for the business community.