A difficult quiz about finance and budget it local government.
Concentrate the tax on one thing like property taxes
Spread the tax base by using many small taxes instead of a few large ones
Focus the taxes on the citizens that will pay them and ignore those who won't
Pick the largest employer in the city and tax the crap out of them
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Property taxes
Charges and user fees for services
Grants from state governments
Lottery revenue
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Property Tax
Sales Tax
Social Security Tax
Internet Sales Tax
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5%
45%
95%
120%
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True
False
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Michigan
Pennsylvania
Texas
Hawaii
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Public safety
Transportation
Interest on debt
Parks and recreation
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It is difficult to evaluate and assess property values
The tax discourages property improvements and maintenance
The tax is slightly regressive because the poor spend a larger share of income on housing
Revenue from property taxes cannot be used toward education
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It is less regressive
It responds well to changing economic conditions
Collecting the tax is cheaper and more efficient
It attracts more businesses to the city
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