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Which of the following is the first step in the policymaking process?
Agenda setting
Which of the following groups are involved in the policy evaluation stage?
Government agencies
Which of the following taxes is added to the production of oil and gas?
Severance tax
Why does the Texas government issue subsidies?
Encourage the production or purchase of certain goods
How does the government increase the revenue earned on property without raising the property tax?
Increase the appraisal of property's value
The use of property tax as income for local government means that citizens pay less money overall.
False
What is the definition of a progressive tax?
A graduated tax is based on income with higher tax brackets paying more
Eliminating the Texas Lottery would lead to increasing taxes or to cutting programs.
True
What is the downside of a state obtaining federal money?
The money must be shared
Which of the following is another way that the Texas government raises funds?
Charging fees for certain activities
The Texas Constitution does not place limits on the way a budget is developed.
False
When does the budget process begin for the Texas Legislature?
Several months before the session starts
How has the state offset the erratic oil and gas market?
They created the Economic Stabilization Fund
What makes budgeting in the Texas government so difficult?
The 2-year budget cycle is difficult to maneuver
A common critique of tax abatements in Texas is that they ___
Can be a burden for existing businesses
What is a tax expenditure?
Reduction in tax liabilities for some taxpayers
The Texas Enterprise Fund (TEF) was created to help established Texas businesses.
False
What is a tax-free holiday in Texas?
A day each year where certain items are tax free
What is the purpose of the Texas Moving Image Industry Incentive Program?
Offers grants to filmmakers if they film in Texas
Why does allowing the state government to provide tax breaks run against the Texas culture?
It is giving the government control over free enterprise
The lottery has not been removed from Texas because another source of income has not been found.
True
Which of the following is a consequence of bringing a company into a community?
The demands on local government increase
Which of the following statements is true about the Texas property tax?
It is the single largest tax revenue in Texas
Which of the following is part of the budgeting process in the Texas Legislature?
State agencies submit budget requests
What makes tax expenditures unique in fiscal policy?
They are hard to track because they never show up on the budget
The lack of an income tax in Texas is considered a badge of honor in Texas' political culture.
True
Policy formation is the first step of the policymaking process.
False
What is the unique purpose of fiscal policy?
Shape and maintain the health of the state's economy
Which of the following statements is the best description of the budgeting process in Texas?
Spending on basic services is done reluctantly
If you were a lawmaker in Texas looking to increase funding for government services but were looking to use something other than taxes, what tool should you use?
Charging for fishing licenses
Which of the following is one of the issues with the effectiveness of tax-free holidays in Texas?
Shopping is just shifted from one day to another
Why are distributive policies easier to implement?
The policies do not seek out one group over another
What is the best definition of a progressive tax?
A graduated tax that taxes people with higher incomes at higher rates
Texans are supporters of a free market system picking the winners and losers in the economy over government involvement.
True
If you were a Texas legislator, why should you support "sin taxes" as a source of state revenue?
Objects taxed are easy targets because they are unhealthy
