Critics have argued that the franchise tax has put many sole proprietors out of business
Indicate whether this statement is true or false.
Answer: FALSE
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Which one of these outcomes does Keynesian economics anticipate when government spending is increased?
a. less private investment b. increased consumption c. higher taxes d. greater deficits
According to your authors, which of the following best symbolizes the American federal system?
A) a layer cake B) a marble cake C) both a layer and a marble cake D) neither a layer cake nor a marble cake E) a New York cheesecake with strawberries on top
A constitutional amendment to clarify the way votes are cast in the Electoral College was necessary because of which of the following?
A. There was no way to tell which votes were for president and which were for vice president. B. There was a tie in the electoral votes in the election of 1800. C. Large states did not have fair representation in the Electoral College. D. In three elections, no candidates received a majority of the votes in the Electoral College. E. There was a tie in the electoral votes in the election of 1800 and no way to tell which votes were for president and which were for vice president.
The franchise tax, formerly the state's main business tax, was replaced in 2006 with __________.
A. a personal income tax B. a broader-based business tax that applied not only to corporations but also to professional partnerships such as law firms C. a value added tax (VAT) that taxed the manufacture of all goods and services produced in Texas D. a narrower-based business tax that only taxed corporations that did not have their corporate headquarters in Texas