The following chart depicts the annual revenues, by type of tax, for the state of Georgia. The
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The following chart depicts the annual revenues, by type of tax, for the state of Georgia.
The chart was developed using Kids Zone, an NCES project. Their website is nces.ed.gov/nceskids/createagraph/.
a. What percentage of the state revenue is accounted for by sales tax and individual in-come tax?
b. Which category will generate more revenue: corporate taxes or license fees?
c. The total annual revenue for the state of Georgia is $6.3 billion. Estimate the amount of revenue in billions of dollars for sales taxes and for individual taxes.
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Related Book For
Statistical Techniques in Business and Economics
ISBN: 978-0078020520
16th edition
Authors: Douglas Lind, William Marchal
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