What Is Currently the Maximum Amount a PAC Can Give

question 46

Multiple Choice

What is currently the maximum amount a PAC can give to a candidate?

• A)$1 million
• B)$500,000
• C)$100,000
• D)$5,000
• E)$1,000

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Definitions:

Tax Rate

The percent used to calculate a tax.

Sales Tax

A government charge on retail sales of certain goods and services.

Sales Tax

A tax on sales or on the receipts from sales, typically added to the purchase price by the seller.

Assessed Valuations

The dollar value assigned to a property for purposes of measuring applicable taxes.