Why are revenue shortfalls such a problem for the Texas tax system?
a. The state relies too much on sales taxes.
b. When the economy is weak, people stop buying and thus stop paying sales taxes.
c. The system relies heavily on spending by low- and middle-class individuals.
d. All of these are reasons for revenue shortfalls.
e. None of these is a reason for revenue shortfalls.

Question

10-07-2024
Business

Answered

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Why are revenue shortfalls such a problem for the Texas tax system?
a. The state relies too much on sales taxes.
b. When the economy is weak, people stop buying and thus stop paying sales taxes.
c. The system relies heavily on spending by low- and middle-class individuals.
d. All of these are reasons for revenue shortfalls.
e. None of these is a reason for revenue shortfalls.

Sagot :

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