Which of the following is true of the challenges faced by state revenue and management systems?
A) States differ substantially in what they can do for their residents, and this is seen to create inequities.
B) State revenue systems are better at collecting taxes on services than on goods.
C) State revenue systems are better at collecting taxes on intangible property rather than tangible property.
D) State revenue systems are better at collecting taxes on businesses whose operations are partly virtual and global than on those whose businesses occur in specific locations.
E) States do not vary greatly in their fiscal capacities.
Correct Answer:
Verified
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