Author Question: If too many people are exempted from a state's tax base, then a state is likely to need higher tax ... (Read 51 times)

haleyc112

  • Hero Member
  • *****
  • Posts: 600
If too many people are exempted from a state's tax base, then a state is likely to need higher tax rates to raise sufficient revenue. This situation involves the issue of:
 
  A. tax base breadth.
  B. bracket creep.
  C. circuit breakers.
  D. indexation.

Question 2

A tax on a mineral that is extracted from the earth is called:
 
  A. a property tax.
  B. a real estate tax.
  C. an extraction tax.
  D. a severance tax.



durant1234

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

Answer: A

Answer to Question 2

Answer: D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

For a complete list of videos, visit our video library