Which of the following statements about the Texas sales tax is accurate?
A) It is explicitly prohibited by the Texas Constitution.
B) All goods and services are subject to a sales tax of 6.25 percent.
C) It is regressive.
D) The wealthy pay a higher percentage of their income in sales taxes because they tend to buy more.
E) Sales taxes are the primary source of revenue for public education.
Answer: C
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Which of the following statements best captures the capitalist ideologue’s opposition to centralized authority?
a. Centralized authority wastes society’s resources because it is wielded by liberal politicians. b. Centralized authority wastes society’s resources because it is responsive to profit motives. c. Centralized authority wastes society’s resources because it is overly driven by competitive pressure. d. Centralized authority wastes society’s resources because it does not harness the competitive pressures of the market.
In _____________, the Court, rejecting a Contracts Clause challenge to a state law regulating natural gas prices, recognized that the prohibition of laws impairing the obligation of contracts must be balanced against a state's "inherent police power to safeguard the vital interests of its people."
a. Allied Structural Steel Company v. Spannaus (1978) b. United States Trust Company v. New Jersey (1977) c. Home Building and Loan Association v. Blaisdell (1934) d. Energy Reserves Group v. Kansas Power & Light (1983)
Most states prepare a budget and present it to the state legislature annually
Indicate whether the statement is true or false
Which of the following provided aid to participants in the civil war in the Democratic Republic of Congo?
a. South Sudan. b. The Central African Republic. c. Rwanda. d. Zimbabwe.