Which group of Texans pays the most in taxes in proportion to their income quizlet?

Recommended textbook solutions

Which group of Texans pays the most in taxes in proportion to their income quizlet?

Politics in States and Communities

15th EditionSusan A. MacManus, Thomas R. Dye

177 solutions

Which group of Texans pays the most in taxes in proportion to their income quizlet?

American Corrections

11th EditionMichael D. Reisig, Todd R. Clear

160 solutions

Which group of Texans pays the most in taxes in proportion to their income quizlet?

American Government

1st EditionGlen Krutz

412 solutions

Which group of Texans pays the most in taxes in proportion to their income quizlet?

Government in America: Elections and Updates Edition

16th EditionGeorge C. Edwards III, Martin P. Wattenberg, Robert L. Lineberry

269 solutions

Scheduled maintenance: Saturday, December 10 from 10PM to 11PM PST

Home

Subjects

Expert solutions

Create

Log in

Sign up

Upgrade to remove ads

Only ₩37,125/year

  • Flashcards

  • Learn

  • Test

  • Match

  • Flashcards

  • Learn

  • Test

  • Match

Terms in this set (45)

Where does Texas rank among the states in terms of the tax burden on its citizens?

Near the bottom

In Texas, which of these provides budget makers with projected revenue levels?

State Comptroller of Public Accounts

Which of these types of policy concerns government decisions regarding revenues, expenditures, and borrowing?

Fiscal Policy

What is another name for the state's Economic Stabilization Fund?

Rainy Day Fund

Which task does the comptroller's office oversee?

Issuing checks to pay state obligations

Paul won $5 million in the Texas Lottery but failed to claim his prize within 180 days after the drawing. What will happen to his winnings?

They will be used to fund hospitals for indigent care

Which of the following determines if state agencies have spent public funds in accordance with law?

The State Auditor's Office

Which method of taxation places a greater burden on lower incomes and a lighter burden on higher incomes?

Regressive taxation

Most Texans have indicated in numerous polls that they prefer which type of taxation?

Regressive

Which of these is responsible for overseeing the investment of state funds?

State comptroller

What is the state's largest financial aid program?

Texas Grants Program

What is the name of a state tax levied on a natural resource taken from the earth?

Severance tax

Which factor will increase the state's outcomes-based funding to a community college?

An increase in the number of students successfully completing courses

What is a problem with denying CHIP benefits to children?

It involves a reduction of federal money to the state

What amount of state funding for public schools is provided by the Foundation School Fund?

More than 70 percent

Compared to the rest of the nation, where does Texas rank concerning the number of children without health insurance coverage in Texas?

The highest

Which statement best characterizes the status of Texas highways?

Large sums of money are currently needed for highway repair and maintenance

As a result of a lawsuit filed by the state of Texas over tobacco-related illnesses, how much must the American tobacco industry pay the state?

$18 billion in damages

In the 2018-2019 biennial budget, approximately what percentage of state expenditures went to Health and Human Services funding?

35-40 percent

Which of these must give approval in order for Texas to increase its bond debt?

Voters of Texas

Texas state government depends heavily on which type of tax to finance services?

Sales tax

Which kind of tax relies heavily on revenues from higher incomes?

Progressive tax

Which area of the state is home to the newest regional comprehensive university?

The Rio Grande Valley

What must happen before the governor can sign a biennial budget that the legislature has approved?

The comptroller certifies the state will collect sufficient revenue to cover the expenditures

The "Robin Hood" plan is an attempt to equalize funding among which type of educational institution?

Public schools

What must the Texas legislature do as a result of the "pay-as-you-go" system?

Not pass a deficit budget

What tactic does Texas often use to balance the budget?

Reducing funding for high-cost items such as Medicaid

Which of the following will have the greatest impact on the state's water supply in the coming years?

The expected increase in population

What are grants-in-aid?

Gifts of money from one government to another

What is the name for a bond whose repayment is guaranteed by the full faith and credit of the state?

General obligation bond

According to the Texas Transportation Commission, what is the newest means of financing Texas highways?

The use of money collected from tolls

Which of the following is true of Texas's dual budgeting system?

The governor and the legislature draw up budget proposals

How does a budget passed by the Texas Legislature differ from the federal budget?

It authorizes spending for a two-year period

Which group of Texans pays the most in taxes in proportion to their income?

Poorest 20 percent

In the 2018-2019 biennial budget, approximately what percentage of states expenditures went to higher education funding in Texas?

5-10 percent

So-called "sin taxes" are levies placed on what types of commodities or activities?

Alcohol, mixed drinks, and tobacco

What is the name of the fund that measures the state's fiscal health?

General Revenue Fund

Which program allows parents to lock in the cost of future tuition and fees at a state university or college?

Texas Tomorrow Funds

Which is probably the most influential budgeting organization in Texas?

The Legislative Budget Board

Regarding fiscal policy, what does the Texas Constitution require?

Welfare spending must be limited to no more than 1 percent of total state spending in any fiscal year

Which of the following classes of corporations has the lease business tax burden?

Banking companies

Which type of tax did the state of Texas mandate on the revenue of many businesses in 2006?

Franchise tax

The state of Texas provides unemployment insurance under monies collected from which source?

Payroll taxes

What is the name for accounts that can be used only for specifically named purposes?

Dedicated funds

When does the fiscal biennium in Texas begin?

September 1 of odd-numbered years

Students also viewed

GOVT 2306 Exam 3

122 terms

nayeli049

GOVT 2306: Unit 2 Exam Study Guide

113 terms

nayeli049

GOVT test 3

97 terms

lynnbustos

AP Physics 1 - Unit 1 - Kinematics

22 terms

Leson_GervaisTeacher

Sets found in the same folder

Texas Gov Ch. 4 Quiz #10

58 terms

Marely_Serna

GOVT 2306 Exam 3

122 terms

nayeli049

Exam 3: Quiz 8 State & Local Government

46 terms

laurenikinzy

Texas Government Test 2 (Chapters 3&4)

125 terms

rwilliamson97

Other sets by this creator

MARB-420: Electromyogram Learning Outcomes

5 terms

laurenikinzy

MARB-420: Cardiovascular System Learning Outcomes

6 terms

laurenikinzy

MARB-420: Muscles and Movement Learning Outcomes

5 terms

laurenikinzy

MARB-420: Action Potentials Learning Outcomes

7 terms

laurenikinzy

Other Quizlet sets

Unit 3 11/12

40 terms

TatThaiThanhTruc

Radiation Therapy Lecture (Hematobiliary Cancers)

37 terms

joe_errico

5 sentences

22 terms

AVHankinsPlus

Language Arts Practice Test #1 2020- First Half

30 terms

REL16

What is the Texas largest financial aid program?

Texas has the nation's largest economic stabilization fund (ESF), commonly called a “rainy day fund.”

Which tax is the biggest revenue source for Texas quizlet?

Sales tax is the largest money generator in Texas, however since 1989 texans are spending less. The more money we spend the more the state can spend. Second to sales tax, federal funding is the other source of highest revenue funding in TX. federal funding is the other source of highest revenue funding in TX.

Where does Texas rank among the states in the tax burden on its citizens?

Texas has a 6.25 percent state sales tax rate, a max local sales tax rate of 2.00 percent, and an average combined state and local sales tax rate of 8.20 percent. Texas's tax system ranks 14th overall on our 2022 State Business Tax Climate Index.

Which of the following groups has the highest rate of poverty in Texas?

In Texas, children have the highest poverty rate of any age group. The poverty rate of Texas children is 7.1 percentage points higher than the poverty rate of the total Texas population.