The franchise tax, formerly the state's main business tax, was replaced in 2006 with

A) a broader-based business tax that applies to corporations and sole proprietorships.
B) a broader-based business tax that applies to all businesses.
C) a value added (VAT) tax that taxes the manufacture of all goods and services produced in Texas.
D) a narrower-based business tax that applies only to manufacturing industries.
E) a narrower-based business tax that applies only to those corporations who have their headquarters outside of Texas.


Answer: A

Political Science

You might also like to view...

A temporary legislative committee established for a limited time period and for a special purpose is a

A. joint committee. B. conference committee. C. standing committee. D. select committee. E. rules committee.

Political Science

Which program/legislation is designed to ensure that the poor have access to health care?

a. Medicare b. Affordable Care Act c. Medicaid d. TANF

Political Science

A few examples of public goods are national defense, clean air, and public parts

Indicate whether the statement is true or false

Political Science

Oscar Lewis argued:

"The crucial questions from both the scientific and the political point of view is: How much weight is to be given to the internal, self-perpetuating factors in the subculture of poverty as compared to the external societal factors? My own position is that, in the long run, the self-perpetuating factors are relatively minor and unimportant compared to the basic structures of the larger society." In this quote Oscar Lewis reflects which political ideology? a) Conservative b) Liberal c) Libertarian d) Moderate

Political Science