Traditionally the largest source of money for candidates has been ________

What does tax shifting mean with respect to real estate taxes?

a) Landlords can shift the tax to tenants by increasing rents. b) Municipalities can shift the revenue gained from real estates taxes to state governments. c) People move to neighborhoods with lower tax rates in order to shift their tax burden to someone else. d) People can deduct their real estate expenses on their income taxes, thereby shifting from a real estate to an income tax.

Which of the following statements about the collection of sales taxes on Internet and online purchases is FALSE?

A. As the volume of Internet sales continues to increase, the amount of state sales tax revenue decreases. B. If an Internet vendor is not required to collect sales tax on a purchase, the purchaser is exempt from paying any sales tax. C. Federal requirements on state sales tax have caused many states to lose urgently needed tax revenue. D. States are vigorously lobbying for changes to federal law so that they can collect taxes on Internet and online purchases. E. States can only require companies that have a physical presence in a state to pay sales tax.