In 1997, lawmakers dedicated lottery revenue to __________.
a. the general fund
b. public education
c. children's health insurance
d. correctional services
Question 2
The franchise tax, formerly the state's main business tax, was replaced in 2006 with __________.
a. a personal income tax
b. a broader-based business tax that applied not only to corporations but also to professional partnerships such as law firms
c. a value added tax (VAT) that taxed the manufacture of all goods and services produced in Texas
d. a narrower-based business tax that only taxed corporations that did not have their corporate headquarters in Texas