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thetick24 thetick24
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6 years ago
In recent years, many Indian reservations have begun increasing their revenues by relying on:
 
  A. property taxes.
  B. casino gambling.
  C. visitors' taxes.
  D. severance taxes.

Question -2-

A general obligation bond:
 
  A. allows a state or local government to borrow money to finance a project and pay back the money from income earned by the project.
  B. allows a state or local government to pay off its debts through the use of a sinking bond.
  C. allows a state or local government to pay off its bonds gradually over the years.
  D. puts the full faith and credit of the issuing government behind the bond.

Question -3-

If too many people are exempted from a state's tax base, then a state is likely to need higher tax rates to raise sufficient revenue. This situation involves the issue of:
 
  A. tax base breadth.
  B. bracket creep.
  C. circuit breakers.
  D. indexation.
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Jeremythebest3Jeremythebest3
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6 years ago
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thetick24 Author
wrote...
6 years ago
Appreciate this a lot, answers were right.
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