This topic contains a solution. Click here to go to the answer

Author Question: Which statement regarding the revenue structure of Texas is not true? a. Businesses pay about 15 ... (Read 58 times)

daltonest1984

  • Hero Member
  • *****
  • Posts: 536
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

popopong

  • Sr. Member
  • ****
  • Posts: 307
Answer to Question 1

d

Answer to Question 2

b




daltonest1984

  • Member
  • Posts: 536
Reply 2 on: Jul 8, 2018
Great answer, keep it coming :)


meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

For a complete list of videos, visit our video library