Which of the following categories of taxes contributed the least to the Texas treasury in 2011-2012?

Question

Quizplus · Accepted Answer

According to the Texas Comptroller's Annual Report on Tax Exemptions and Tax Incidence for fiscal year 2012, insurance occupation taxes contributed the least to the Texas treasury, with only $19.2 million collected. In contrast, franchise taxes brought in $4.26 billion, motor vehicle sales and rental taxes brought in $3.67 billion, and sales taxes brought in $23.8 billion.

Which of the Following Categories of Taxes Contributed the Least