State government indebtedness is highly restricted in Texas because the framers of the Texas Constitution strongly believed in a "pay-as-you-go" system of government.
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Q13: Because the Texas tax structure lacks elasticity,it
Q14: Sin taxes are based on the philosophy
Q15: The major tax in Texas levied on
Q16: Categorical grants from the national government can
Q17: Taxes paid by businesses account for three
Q19: Over half of Texas's income comes from
Q20: Severance taxes and the corporation franchise tax
Q21: The largest single category of state spending
Q22: Texas state universities all use the same
Q23: The best example of Texas's reliance on
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