Which of the following does NOT explain why state revenues vary so much?
A) the economy
B) the state budget relies exclusively on property taxes
C) the personal income tax relies more on capital gains than on taxes on wage earners
D) the state budget is limited by initiatives that are too restrictive
Correct Answer:
Verified
Q6: California gets most of its revenue from
A)
Q8: The California Constitution requires that the governor
Q12: One factor that can have a major
Q14: The Legislative Analyst's Office provides
A) advice to
Q14: The legislature can override the governor's line-item
Q15: California's bond rating has been increased to
Q16: When the state of California wants to
Q17: The sales tax in California is considered
Q24: What was the intent of Proposition 13?
Q26: What category accounts for the largest expenditure
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