Author Question: If too many people are exempted from a state's tax base, then a state is likely to need higher tax ... (Read 59 times)

haleyc112 · **on:** Jul 9, 2018

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 · **Reply #1 on:** Jul 9, 2018

Answer to Question 1

Answer: A

Answer to Question 2

Answer: D

Author Question: If too many people are exempted from a state's tax base, then a state is likely to need higher tax ... (Read 59 times)

haleyc112

If too many people are exempted from a state's tax base, then a state is likely to need higher tax ...

durant1234

If too many people are exempted from a state's tax base, then a state is likely to need higher tax ...

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