Author Question: As a general rule, state governments prefer to increase user charges, gasoline taxes, and so-called ... (Read 62 times)

mwit1967 · **on:** Jul 8, 2018

As a general rule, state governments prefer to increase user charges, gasoline taxes, and so-called sin taxes on alcohol and tobacco. They only reluctantly raise sales and income taxes.

a. True
b. False
Indicate whether the statement is true or false

Question 2

Rainy day funds are monies set aside in good economic times for use when state revenues decline.

a. True
b. False
Indicate whether the statement is true or false