Which Statement Regarding the Revenue Structure of Texas Is Not

question 30

Multiple Choice

Which statement regarding the revenue structure of Texas is not true?

• A)Businesses pay about 15 percent of the total tax revenue.
• B)The general sales tax in Texas is assessed at 6.25 percent on goods and services.
• C)Texas has one of the most regressive tax structures in the nation.
• D)Heavy reliance on sales taxes gives Texas a very elastic revenue structure.
• E)The tax system puts an undue burden on those least able to pay.

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Definitions:

Pipe Seal Compound

A chemical substance used to create a leak-proof and pressure-tight seal on pipe threads or joints.

Torquing

The act of applying a specific amount of twisting force to a nut, bolt, or screw to ensure it is tightened to the correct specification.

Hydraulic Cylinder

A mechanical actuator that provides unidirectional force through a unidirectional stroke, used in various machines and equipment.

Linear Actuator

Device that converts hydraulic energy into linear motion such as COE cab lift cylinders or dump box rams.