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Compared to Other States, Which Statement Regarding Revenue Sources for the State

Question 2

Multiple Choice

Compared to other states, which statement regarding revenue sources for the state of Texas is true?


A) Texas has low sales tax and low income tax.
B) Texas has no income tax and low sales tax.
C) Texas has high income tax and high sales tax.
D) Texas has no sales but high property tax.
E) Texas has no income tax but high sales tax.

Correct Answer:

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