Severance taxes, as a source of state revenues, are popular
a. in states that have a lot of natural resources. They help keep income, property, and sales taxes relatively lowand eventually those taxes are paid mostly by out-of-state users
b. with resource-rich states, but the rates are set by the national government.
c. in states like Virginia and Washington, but they are unused in Alaska and Wyoming because the price ofnatural resources is constantly changing due to market conditions.
d. because they exempt natives (in-staters) from the tax.
a
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