Question 1

For fiscal year 2015,the Texas state budget was about $___ billion.

Accepted Answer

A)  37 
B)  64 
C)  100 
D)  134 
A)  37 
B)  64 
C)  100 
D)  134

Question 2

A sales tax,especially when food and medicine are subject to the tax,can be described as what type of tax?

Accepted Answer

A)  business 
B)  regressive 
C)  progressive 
D)  point of purchase 
A)  business 
B)  regressive 
C)  progressive 
D)  point of purchase

Question 3

The greatest source of nontax revenue in Texas comes from

Accepted Answer

A)  fees, fines, licenses, and penalties. 
B)  lottery income. 
C)  interest income. 
D)  land income. 
A)  fees, fines, licenses, and penalties. 
B)  lottery income. 
C)  interest income. 
D)  land income.

Question 4

Which of the following categories of taxes contributed the most to the Texas treasury in 2011-2012?

Accepted Answer

A)  oil and natural gas production 
B)  franchise 
C)  motor vehicle sales and rental 
D)  sales 
A)  oil and natural gas production 
B)  franchise 
C)  motor vehicle sales and rental 
D)  sales

Question 5

Local governments collect and pay for ________ the cost of government in Texas.

Accepted Answer

A)  about one-quarter 
B)  about one-third 
C)  about one-half 
D)  about three-quarters 
A)  about one-quarter 
B)  about one-third 
C)  about one-half 
D)  about three-quarters

Question 6

Which of the following is the measure of the wealth of a state or its ability to raise revenues relative to all other states?

Accepted Answer

A)  tax exporting 
B)  tax base 
C)  tax effort 
D)  tax capacity 
A)  tax exporting 
B)  tax base 
C)  tax effort 
D)  tax capacity

Question 7

Almost three-quarters of the states that do not have a personal income tax system are

Accepted Answer

A)  among the "Terrible Ten." 
B)  progressive in their overall tax system. 
C)  in the Old South. 
D)  on the east coast. 
A)  among the "Terrible Ten." 
B)  progressive in their overall tax system. 
C)  in the Old South. 
D)  on the east coast.

Question 8

What are the two primary sources of revenue for local government in Texas?

Accepted Answer

A)  property tax and state grants 
B)  block grants and local sales tax 
C)  local sales tax and property tax 
D)  income tax and state sales tax 
A)  property tax and state grants 
B)  block grants and local sales tax 
C)  local sales tax and property tax 
D)  income tax and state sales tax

Question 9

Which category of Texans,by income,pays the lowest amount of sales and excises taxes as a percentage of income?

Accepted Answer

A)  lowest 20% 
B)  second lowest 20% 
C)  middle 20% 
D)  second highest 20% 
A)  lowest 20% 
B)  second lowest 20% 
C)  middle 20% 
D)  second highest 20%

Question 10

When the price of oil experiences a prolonged price increase,

Accepted Answer

A)  the Texas economy improves and Texas state revenues increase. 
B)  the Texas economy improves and Texas state revenues decrease. 
C)  the Texas economy suffers and Texas state revenues increase. 
D)  the Texas economy suffers and Texas state revenues decrease. 
A)  the Texas economy improves and Texas state revenues increase. 
B)  the Texas economy improves and Texas state revenues decrease. 
C)  the Texas economy suffers and Texas state revenues increase. 
D)  the Texas economy suffers and Texas state revenues decrease.

Question 11

Health and human services is funded primarily with

Accepted Answer

A)  property taxes. 
B)  the lottery. 
C)  special excise taxes. 
D)  federal grants. 
A)  property taxes. 
B)  the lottery. 
C)  special excise taxes. 
D)  federal grants.

Question 12

How many states do not have any form of personal income tax?

Accepted Answer

A)  2 
B)  7 
C)  13 
D)  19 
A)  2 
B)  7 
C)  13 
D)  19

Question 13

Which of the following states had the highest taxable resources per capita in 2011?

Accepted Answer

A)  Texas 
B)  Florida 
C)  California 
D)  South Carolina 
A)  Texas 
B)  Florida 
C)  California 
D)  South Carolina

Question 14

In a comparison of the 15 most populous states,where did Texas rank in the amount of revenue raised per $1,000 of personal income?

Accepted Answer

A)  It was the median. 
B)  highest 
C)  near the lowest 
D)  near the highest 
A)  It was the median. 
B)  highest 
C)  near the lowest 
D)  near the highest

Question 15

About 60% of the money that Texas receives from the federal government is spent on

Accepted Answer

A)  health and human services. 
B)  public safety. 
C)  education. 
D)  transportation. 
A)  health and human services. 
B)  public safety. 
C)  education. 
D)  transportation.

Question 16

What are the main suggestions for increasing government revenue? Pick two and discuss the pros and cons of each.

Accepted Answer

The main suggestions for increasing gove

Question 17

Compare and contrast benefit-based taxes and taxation based on the ability to pay.

Accepted Answer

Benefit-based taxes and taxation based o

Question 18

Explain how the selective use of sales tax in Texas contributes to the regressive nature of its tax structure.

Accepted Answer

The selective use of sales tax in Texas

Question 19

Define income-elastic taxes.Discuss how Texas's tax base affects the state's tax revenues.

Accepted Answer

Income-elastic taxes are taxes that gene

Question 20

What is the primary point missed by the per capita tax measure?

Accepted Answer

A)  tax exporting 
B)  tax base 
C)  tax effort 
D)  tax capacity 
A)  tax exporting 
B)  tax base 
C)  tax effort 
D)  tax capacity

For fiscal year 2015,the Texas state budget was about $___ billion.

A sales tax,especially when food and medicine are subject to the tax,can be described as what type of tax?

The greatest source of nontax revenue in Texas comes from

Which of the following categories of taxes contributed the most to the Texas treasury in 2011-2012?

Local governments collect and pay for ________ the cost of government in Texas.

Which of the following is the measure of the wealth of a state or its ability to raise revenues relative to all other states?

Almost three-quarters of the states that do not have a personal income tax system are

What are the two primary sources of revenue for local government in Texas?

Which category of Texans,by income,pays the lowest amount of sales and excises taxes as a percentage of income?

When the price of oil experiences a prolonged price increase,

Health and human services is funded primarily with

How many states do not have any form of personal income tax?

Which of the following states had the highest taxable resources per capita in 2011?

In a comparison of the 15 most populous states,where did Texas rank in the amount of revenue raised per $1,000 of personal income?

About 60% of the money that Texas receives from the federal government is spent on

What are the main suggestions for increasing government revenue? Pick two and discuss the pros and cons of each.

Compare and contrast benefit-based taxes and taxation based on the ability to pay.

Explain how the selective use of sales tax in Texas contributes to the regressive nature of its tax structure.

Define income-elastic taxes.Discuss how Texas's tax base affects the state's tax revenues.

What is the primary point missed by the per capita tax measure?

Introduction to Texas History and Politics

The Texas State Constitution and the American Federal System

The Texas Legislature

The Executive Department and the Office of the Governor of Texas

The Court System in Texas

Local Governments in Texas

Voting and Political Participation in Texas

Elections and Campaigns in Texas

Political Parties in Texas

Interest Groups and Lobbying in Texas

Public Policy in Texas

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Exam 12: Financing State Government

For fiscal year 2015,the Texas state budget was about $___ billion.

A sales tax,especially when food and medicine are subject to the tax,can be described as what type of tax?

The greatest source of nontax revenue in Texas comes from

Which of the following categories of taxes contributed the most to the Texas treasury in 2011-2012?

Local governments collect and pay for ________ the cost of government in Texas.

Which of the following is the measure of the wealth of a state or its ability to raise revenues relative to all other states?

Almost three-quarters of the states that do not have a personal income tax system are

What are the two primary sources of revenue for local government in Texas?

Which category of Texans,by income,pays the lowest amount of sales and excises taxes as a percentage of income?

When the price of oil experiences a prolonged price increase,

Health and human services is funded primarily with

How many states do not have any form of personal income tax?

Which of the following states had the highest taxable resources per capita in 2011?

In a comparison of the 15 most populous states,where did Texas rank in the amount of revenue raised per $1,000 of personal income?

About 60% of the money that Texas receives from the federal government is spent on

What are the main suggestions for increasing government revenue? Pick two and discuss the pros and cons of each.

Compare and contrast benefit-based taxes and taxation based on the ability to pay.

Explain how the selective use of sales tax in Texas contributes to the regressive nature of its tax structure.

Define income-elastic taxes.Discuss how Texas's tax base affects the state's tax revenues.

What is the primary point missed by the per capita tax measure?

Introduction to Texas History and Politics

The Texas State Constitution and the American Federal System

The Texas Legislature

The Executive Department and the Office of the Governor of Texas

The Court System in Texas

Local Governments in Texas

Voting and Political Participation in Texas

Elections and Campaigns in Texas

Political Parties in Texas

Interest Groups and Lobbying in Texas

Public Policy in Texas

Filters