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

Author Question: Which statement is true regarding nontax revenue in Texas? a. Nontax revenue has always exceeded ... (Read 82 times)

fbq8i

  • Hero Member
  • *****
  • Posts: 527
Which statement is true regarding nontax revenue in Texas?
 
  a. Nontax revenue has always exceeded taxable revenue since fiscal year 2002.
  b. Professional licenses and permits are the largest sources of nontax revenues.
  c. Alcoholic beverages and cigarettes are nontaxable revenue sources.
  d. Lotteries offer the least nontaxable revenues to the state.

Question 2

Which statement is true of sin taxes in Texas?
 
  a. They are regressive taxes that burden the poor.
  b. Cigarette taxes in Texas are the lowest in the country.
  c. Adult entertainment establishments charge a pole tax.
  d. Alcoholic beverage taxes always decrease during a recession.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AISCAMPING

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

Answer: A

Answer to Question 2

Answer: C





 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

For a complete list of videos, visit our video library