Texas's tax structure is one of the most regressive in the country. This is due in part to its ______.

1 answer:

7 0

Texas's tax structure is one of the most regressive in the country. This is due to the reliance on the sales tax. This is further explained below.

<h3>What is sales tax?</h3>

Generally, sales tax is a tax levied on sales or on the proceeds of sales.

In conclusion, One of the nation's most regressive tax systems is found in Texas. This results from the use of the sales tax.

You might be interested in

External setup time refers to:______________.

Nesterboy [21]

Answer: The correct answer is "b.The time to complete setup activities that do not require that the machine be stopped".

Explanation: External setup time refers to the time to complete setup activities that do not require that the machine be stopped.

External setup is the term used to refer to when workers can perform maintenance without stopping the production process. The term "external" is used because maintenance can be performed "external" to the production process.

7 0

3 years ago

During its first year of operations, mario lupo formed lupo company as a corporation and personally invested $15,000 in the busi

SpyIntel [72]

Total equity of the company is the amount of invested plus the income generated during the year. If any dividend is paid during the year, the amount of dividend is subtracted before arriving at the ending shareholders’ equity.

Ending shareholders’ equity = Amount invested + Net Income – Dividend

= $15000 + ($35000- $23000) - $2000

= $27000

Therefore, shareholders’ equity balance would be $27,000.

6 0

3 years ago

Which is the result of entering a debit in an expense account?

Arlecino [84]

Explanation:

when a payment is made the entries recorded are debit prepaid expenses

3 0

2 years ago

Jamie Dimon, the CEO of J.P. Morgan, released a letter he had written to employees to the press. Fortune, a leading business mag

V125BC [204]

Jamie Dimon, the CEO of J.P. Morgan, released a letter he had written to employees to the press. Fortune, a leading business magazine, reported the full contents of the letter and the context. This is an example of <u>external </u>communication.

External communications are the techniques responsible for speaking with people and entities outside your business enterprise. those encompass customers, companies, suppliers, companions, traders, authorities businesses, law enforcement, and others.

External communication commonly consists of e-mail, brochures, newsletters, posters, advertisements, and other sorts of multimedia advertising designed to draw clients, partners, and providers to conduct worthwhile commercial enterprise transactions.

A strong outside communication strategy facilitates selling the brand, increasing popularity, definitely forming the general public's perception of the emblem, and in the long run pressure more income.

Learn more about External communication here: brainly.com/question/15115647

#SPJ4

7 0

2 years ago

Which of the following, if true, would illustrate why price indexes such as the cspi might overstate inflation in the cost of go

timurjin [86]

The best answer is A) <span>As the price of calculators rose, fewer students decided to buy them, opting instead to use the free calculators in their cell phones or on their computers.

If calculators are included in the basket of goods used to calculate the CSPI, an increase in calculator prices may overstate the effect on the CSPI, since students aren't purchasing this item as frequently as they used to. </span>

4 0

3 years ago

Read 2 more answers