Which of the following is true of state revenue and management systems?
A) In the new economy, services, intangible property, and business activities without clear geographic locations are increasingly uncommon.
B) They are better at collecting taxes on services rather than on goods.
C) They are better at collecting taxes on businesses whose operations occur in specific locations.
D) They are better at collecting taxes on intangible property rather than tangible property
E) States do not differ greatly in their fiscal capacities.
Correct Answer:
Verified
Q40: A tax on the privilege of removing
Q41: _ expenditures of state and local governments
Q42: Fiscal capacities can be defined as _.
A)limits
Q43: More than half of the total money
Q44: The Continental Congress financed the Revolutionary War
Q46: Expenditures of state and local governments which
Q47: Most of the state and local government
Q48: Which of the following is true of
Q49: Building schools, constructing roads, and clearing slums
Q50: Which of the following is true of
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