MaxChapter12quiz - MaxChapter12quiz 1. A large percent of...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
MaxChapter12quiz 1. A large percent of the Texas state revenue (about 40%) comes from licenses, fines and fees. o True o False 2. The type of taxes which are levied on the sale and/or manufacturing of certain goods such as cigarettes and gasoline are known as: o a. excise taxes. o b. sales taxes. o c. flat taxes. o d. sin taxes. 3. The taxes placed on the production of oil and gas are known as: o a. excise taxes. o b. severance taxes. o c. sin taxes. o d. sales taxes. 4. Texans pay a larger percentage of their incomes in property taxes then residents of other states. o True o False 5. The taxes which are paid by a large number of taxpayers, are placed on a large variety of items and activities, and are the most effective for raising revenue are known as: o a. sales taxes. o b. regulatory taxes. o c. broad based taxes. o d. property taxes. 6. The type of taxes which are intended to control individual choices and are often called "sin taxes" are known as: o a. ability-to-pay taxes. o
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 03/27/2012 for the course POLS 2306 taught by Professor Bezdek during the Spring '08 term at Texas A&M University, Corpus Christi.

Page1 / 3

MaxChapter12quiz - MaxChapter12quiz 1. A large percent of...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online