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Exam 3
Rebecca Nail
6
Other
Undergraduate 1
04/28/2014
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Term
Tax Capacity
 Definition
The measure of a state's potential to tax
Term
Tax Effort
 Definition
Measures a states level of taxation
Term
consumer taxes
 Definition
single sources of revenue for state governments
Term
where most tax dollars come from
 Definition
Sales tax
Term
regressive tax
 Definition
takes higher percentage of income from low-income people
Term
progressive tax
 Definition
takes a higher percentage of income from higher-income people
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