Social Studies, 27.02.2020 18:48 antlife555
The conservative political culture of the state of Texas is especially evident when it comes to issues of taxing and spending. As a consequence, the types of taxation available to the state for revenue generation are limited.
Use the dropdown menus to complete the paragraph.
Texans generally prefer a “pay-as-you-go” fiscal policy with low levels of taxation, low levels of government spending, and correspondingly low levels of public debt. While the state government lacks the constitutional authority to institute a statewide property tax, other forms of taxation have been implemented at the state level, including (Blank #1) tax levied on natural resources, such as oil and (Blank #2) .
What is a type of nontax revenue in the state of Texas? (answer choices below)
* fees derived from the use of public land
* gains made from the sale of tobacco products
* receipts from Internet sales
* proceeds from sales of luxury items
Blank #1 Options: a severance/a sin/an income/a real estate
Blank #2 Options: solar power/natural gas/wind power/electricity
The imaged enclosed is a table use it to answer the last question.
According to the table, which statement is accurate? (answer choices below)
* The greatest source of Texas state revenue comes from fees and interest.
* Very little of Texas state revenue is generated through state taxes.
* The largest source of Texas state revenue is generated through state taxes.
* Most state revenue in Texas comes from the federal government.
Answers: 3
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