Of the following, who pays the highest percentage of their income in state and local taxes in Texas?
A) Texas legislators B) Republicans C) Lawyers D) The poor E) The wealthy
Answer: D
You might also like to view...
Which of the following is the reason that states are known as "laboratories of democracy"?
A. States often provide innovative solutions to social and economic problems. B. States raise all of their own funding for social programs. C. States receive equal levels of government aid. D. Most social and economic solutions are finally addressed by the federal government.
Which of the following best describes comparative advantage? a. If a state can produce the highest volume of wool in the world, that state should produce wool regardless ofopportunity cost
b. If a state can produce equal amounts of wine and wool, that state should produce whichever good is moreexpensive and desirable in the global economy. c. If a state can produce wine at a lower opportunity cost than wool, that state should produce wine even if itcould produce more wool than any other state in the world. d. States should avoid producing wine, as wool is a more valuable resource to the economy.