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 Politics in States and Communities15th EditionSusan A. MacManus, Thomas R. Dye 177 solutions American Corrections11th EditionMichael D. Reisig, Todd R. Clear 160 solutions American Government1st EditionGlen Krutz 412 solutions Government in America: Elections and Updates Edition16th EditionGeorge C. Edwards III, Martin P. Wattenberg, Robert L. Lineberry 269 solutions Scheduled maintenance: Saturday, December 10 from 10PM to 11PM PST
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Terms in this set (69)Government decisions regarding revenues, expenditures, and borrowing are referred to as fiscal policy Texas has generally resisted using all of the following to balance the budget, except reducing agency funding The traditional Texas fiscal policy is the achievement of a balanced budget through low taxes and low levels of public spending Most Texans have indicated in numerous polls that they prefer __________ taxation regressive Taxes that are a greater burden on lower incomes and less so on higher incomes are known as regressive taxes Taxes that rely more heavily on revenues from higher incomes are known as progressive taxes Texas has one of the most __________ state tax systems in the United States regressive Which of the following is not a source of revenue for Texas state government? State income tax Which group of Texans pays the most in taxes proportional to their income? Poorest 20 percent Most non-farm jobs in Texas are in the general area of service providing The Texas state tax mandated on the revenue of many businesses is the franchise tax The "pay-as-you-go" system means that the Texas legislature must not spend more than its anticipated budget. The fund that measures the state's fiscal health is the general revenue fund The fund available to the Texas legislature for general appropriations purposes is called the general revenue fund More than half of the expenditures in Texas are paid from dedicated funds Regarding fiscal policy, the Texas Constitution requires that the state's spending should be in balance with projected state revenues In response to pressure from small businesses, the state legislature recently reduced the franchise tax for many businesses The tax that produces the most significant amount of revenue in Texas is the general sales tax The online retailer Amazon must collect sales taxes on items consumers purchase because it has facilities in the state of Texas So-called "sin taxes" are levies placed on alcohol, mixed drinks, and tobacco The state of Texas provides workers compensation under monies collected from payroll taxes The unemployment compensation system is supported by a payroll tax Which of the following classes of corporations has the least business tax burden? Banking companies Most taxes in Texas are administered by the comptroller of public accounts Where does Texas rank among the states in the tax burden on its citizens? Near the bottom A state tax levied on a natural resource taken from the earth is the severance tax If someone fails to claim their prize from the Texas Lottery within 180 days after a drawing the money is used to fund hospitals for indigent care Grants-in-aid are defined as money, goods, or services given by one government to another.. Which state program in Texas does not receive substantial federal funding? Teacher retirement As a result of a lawsuit filed by the State of Texas over tobacco related illnesses, the American tobacco industry must pay $18 billion in damages The largest share of public land revenue in Texas is derived from oil lease fees and royalties The investment of state funds is currently handled by the Texas state comptroller. In order for Texas to increase its bond debt, approval must be given by the voters of Texas A bond whose repayment is guaranteed by the full faith and credit of the state is a general obligation bond Texas may accrue state debt when it
issues general obligation or revenue bonds Another name for the state's Economic Stabilization Fund is the "rainy day" fund The state's Economic Stabilization Fund is sometimes called the "rainy day" fund A fiscal year in Texas begins on the 1st of September Unlike the federal budget, a budget passed by the Texas legislature authorizes spending for a two-year period Arguably the most influential budgeting organization in Texas is the Legislative Budget Board The "dual budgeting" system in Texas means that both the governor and the legislature draw up budget proposals In Texas, a biennial revenue estimate is provided to the legislature by the... state comptroller of public accounts After the legislature approves a biennial budget, the governor cannot sign it until the comptroller certifies the state will collect sufficient revenue to cover the expenditures Approximately what percentage of state expenditures goes to all education funding in Texas? 35-40 percent Approximately what percentage of state expenditures goes to Health and Human Services funding? 35-40 percent The second largest expenditure item of the total state budget is health and human services. Most major agency purchases are made through or are supervised by the Texas Procurement and Support Services Which of the following task(s) does the comptroller's office oversee? management of state's money Which agency takes reservations for football tailgating on state property in Austin? The Texas Facilities Commission State accounts are audited under the direct supervision of the state auditor The state auditor is appointed by and serves at the will of the Legislative Audit Committee Which of the following determines if state agencies have spent public funds in accordance with law? The State Auditor's Office What amount of state funding for public schools is provided by the Foundation School Fund? More than 70 percent The Robin Hood Plan is an attempt to equalize funding among public schools Which factor will increase the state's outcomes-based funding to a community college? An increase in the number of students successfully completing courses Which area of the state is home to the newest regional comprehensive university? The Rio Grande Valley The state's largest financial aid program is the Texas Grant Program (Toward Excellence, Access, and Success Parents may lock in the cost of future tuition and fees at a state university or college through Texas Tomorrow Fund Compared to the rest of the nation, the number of children without health insurance coverage in Texas is the highest The program acronym CHIP stands for Children's Health Insurance Program The problem with denying CHIP benefits to children is that it involves a reduction of federal money to the state Which statement best characterizes the status of Texas highways? Large sums of money are currently needed for highway repair and maintenance The "toilet-to-tap" program describes the recycling of toilet water for human consumption According to the Texas Transportation Commission, the newest means of financing Texas highways is the use of money collected from tolls A bond borrowed by the state that is repaid from the General Revenue fund is a general obligation bond. A substantial portion of public land revenue in Texas is derived from oil lease fees and royalties. Which of the following classes of corporations appears to have the LEAST business tax burden in Texas? oil companies General obligation bonds and commercial paper borrowings require approval given by the voters of Texas. Public policy regarding revenues, expenditures, and borrowing is referred to as Fiscal policy Students also viewedTexas and Local Government Test 3103 terms yuy165 Politics Chapter 12- Finance and Fiscal Policy64 terms Jordan_Nunn9 pre-quiz chapter 1225 terms yami-yamsPlus Texas Government Test 7 (Chapter 13)64 terms rwilliamson97 Sets found in the same folderPolitics Chapter 12- Finance and Fiscal Policy64 terms Jordan_Nunn9 Govt 2306 Test 157 terms LucasadiPlus Texas Government Test 4 (Chapters 7 & 8)121 terms rwilliamson97 Texas Politics Exam 1188 terms MaddiLansdale Other sets by this creatorQuiz 13 Gov IIII55 terms daani321 Quiz 12 Gov IIII61 terms daani321 Quiz 11 Gov IIII56 terms daani321 Quiz 10 Gov IIII52 terms daani321 Verified questions
question A swimsuit manufacturer wants to test the speed of its newly designed $\$ 550$ suit. They design an experiment by having 6 randomly chosen Olympic swimmers swim as fast as they can with their old swimsuits first and then swim the same event again with the new, expensive swimsuit. They'll employ the difference in times as the response variable. Criticize the experiment and point out some of the problems with generalizing the results. Verified answer political science How are suffrage and franchise related? Verified answer
algebra Find the depreciation per unit. Round to the nearest thousandth of a dollar. | Cost | Salvage Value | Estimated Life | Depreciation per Unit | |---|---|---|---| | $300,000 |$25,000 | 4000 hours | | Verified answer
question Have a conversation with a salesperson from an expensive, moderate, and inexpensive outlet for *furniture*. Get to know their views of the social classes or status of their customers. Determine if their sales approach differs with differing classes. Verified answer Recommended textbook solutionsPolitics in States and Communities15th EditionSusan A. MacManus, Thomas R. Dye 177 solutions American Government1st EditionGlen Krutz 412 solutions Government in America: Elections and Updates Edition16th EditionGeorge C. Edwards III, Martin P. Wattenberg, Robert L. Lineberry 269 solutions
American Corrections11th EditionMichael D. Reisig, Todd R. Clear 160 solutions Other Quizlet setsCAL POLY: POLS 111 Module 8 (Winter 2019)18 terms tswagoner1 Chapter 1120 terms Shaye1230 GOVT 1211 terms CharlotteS1 Intro to Business Final Exam- Chapter 1-212 terms abuehrle Where does Texas rank among the states in terms of tax burden on its citizens?Key Findings. How does Texas rate in terms of its tax burden quizlet?Correct Answers: Texas's taxes are mostly regressive. In terms of a percentage of their income, the richest Texans pay the least state taxes and the poor pay the most. Texas's progressive state income tax helps keep the percentage of income paid in taxes relatively equal across different income levels.
Which tax is the biggest revenue source for Texas quizlet?Sales tax is the largest money generator in Texas, however since 1989 texans are spending less. The more money we spend the more the state can spend. Second to sales tax, federal funding is the other source of highest revenue funding in TX. federal funding is the other source of highest revenue funding in TX.
Which group of Texas pays the most in taxes in proportion to their income?In Texas, the wealthiest residents pay an average of 4.3 percent of their income in state and local taxes, compared to 16.7 percent for residents with the lowest incomes.
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Where does Texas rank among the states in terms of the tax burden on its citizens Quizlet
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