Author Question: Many states have cut corporate income tax rates or granted generous exemptions as a way to try to ... (Read 58 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
Many states have cut corporate income tax rates or granted generous exemptions as a way to try to attract businesses to their state.
 
  Indicate whether the statement is true or false

Question 2

Fiscal capacities can be defined as ________.
 
  A. limits placed on state spending by the U.S. Congress
  B. the potential borrowing power of a state or municipality
  C. the revenues a state brings in within a fiscal year
  D. the economic resources a state may tax
  E. the expenditures of states on cashing assistance



Ahnyah

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

TRUE

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

For a complete list of videos, visit our video library