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Author Question: The franchise tax was implemented in response to A) mounting consumer debt among Texans. B) ... (Read 41 times)

Garrulous

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on: Jul 8, 2018
The franchise tax was implemented in response to
 
  A) mounting consumer debt among Texans. B) complaints that fast food franchises encouraged unhealthy eating choices. C) pressure from the public. D) the increasing number of financial services headquartered in Texas. E) a Texas Supreme Court decision requiring a new way to finance public schools.

Question 2

The franchise tax, formerly the state's main business tax, was replaced in 2006 with
 
  A) a broader-based business tax that applies to corporations and sole proprietorships.
  B) a broader-based business tax that applies to all businesses.
  C) a value added (VAT) tax that taxes the manufacture of all goods and services produced in Texas.
  D) a narrower-based business tax that applies only to manufacturing industries.
   E) a narrower-based business tax that applies only to those corporations who have their headquarters outside of Texas.


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kaylee05

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Reply #1 on: Jul 8, 2018
Answer to Question 1

Answer: E

Answer to Question 2

Answer: A


Garrulous

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Reply #2 on: Jul 8, 2018
Thank you :)


kaylee05

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Reply #3 on: Jul 8, 2018
Happy to help you


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