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20 Cards in this Set
- Front
- Back
The general sales tax is the primary source of state tax revenue.
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True
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The lottery is a major source of state revenue, generating more than 10 percent of the state's total budget.
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False
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Most observers consider the Texas tax structure regressive because of its heavy reliance on sales and excise taxes.
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True
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The federal government provides significant revenues to the state of Texas.
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True
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Welfare benefits in Texas are among the least generous in the nation.
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True
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Which of the following state taxes does Texas state government not levy?
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personal income tax
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You purchase $100 worth of clothing at a department store. In Texas, how much state sales tax will you pay on your retail purchase?
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$6.25
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Which of the following purchases is NOT subject to taxation?
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the purchase of a pound of hamburger at a grocery store
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Which of the following is an example of a sin tax?
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tax on alcohol and tobacco
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Which of the following taxes is state tax on corporate income?
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franchise tax
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Which of the following state budget categories benefits the most from federal funding?
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health and human services
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A tax levy whose burden weighs more heavily on persons earning higher incomes than it does on individuals making less money is called?
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progressive tax
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A tax levy whose burden weighs more heavily on low-income groups than wealthy taxpayers is known as?
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regressive tax
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Which of the following taxes reflects the ability-to-pay theory of taxation?
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progressive income tax
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A tax levy whose burden weighs equally on all persons, regardless of their income is called?
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proportional tax
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Based on political-science research, which of the following is the best explanation for the state's historic reliance on severance taxes on oil and gas production?
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The Texas economy has historically been based on oil and gas production.
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The reform of the state's school finance system designed to increase funding for poor school districts by redistributing money from wealthy districts is known as
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the Robin Hood plan.
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Which of the following is the largest item in the state budget?
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health and human services
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The budget proposal that is considered the most seriously by the legislature is initially drafted by which of the following?
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Legislative Budget Board
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A tax levied on the manufacture, transportation, sale, or consumption of a particular item or set of related items is known as a
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excise tax
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