Show:
Boom & Bust
Where does $ come from?
Nontax sources
Who pays?
Where does the $ go?
100

Hijack of terrorists using airliners against the World Trade Towers and Washington D.C.?

What is 9/11?

100

The largest segment of tax revenue produced by Texas

What is Tax revenue?

100

Federal funds used for specific purposes

What is a Categorical grant-in-aid?
100

A tax that requires the wealthy to pay taxes at a higher rate than poor

What is Progressive Taxation?

100

These 2 services account for almost 3/4 of Texas budget

What is Health and Human Servies and Education?

200

Mortgage crisis causing disruption and survival of banks

What is the Mortgage Crisis of 2008?

200

The tax that brings in 38.7% of revenue

What is Sales Tax?

200

Federal program allowing state and local gov. flexibility of federal funds

What is the General Revenue Sharing?

200

A flat-rate tax that is not based on ability to pay

What is a Regressive Tax?

200

This service is 37.4% of the Texas budget

What is Education?

300

Pandemic causing unemployment and a decrease in tax revenues

What is the COVID-19 crisis?

300

1/3 of the state revenue comes from this source

What is the National Government?

300

Federal funds that are used for broad ranges of programs

What are Block Grants?

300

Inherent fairness of a tax; ability to pay is a factor in fairness

What is Tax equity?

300

This service for 35.5% of the Texas budget: welfare, unemployment, etc.

What is Health and Human Services?

400

The index of technology stocks lost 3/4 of its value

What is NASDAQ?

400

These two revenues were a mainstay in Texas Revenue

What is Oil and Gas Revenue?

400
Categorical grant-in-aid program done by President Bill Clinton

What is AFDC and TANF?

400

Two types of individual sales taxes

What is General and Selective Sales Tax?

400

Texas's expenditures with 14.6% of the total budget

What is Business and Economic Development?

500
The economy doing significantly good then plummeting

What is Boom and Bust cycle?

500

A tax that tends to hit the poorest the hardest is called...

What is the General Sales Tax?

500

The National Government passed along funding to help what type of groups

What is welfare programs?

500

A major Texas business tax is the franchise tax also known as

What is the Margins and Business Activity Tax?

500

Largest category of 5.1% of the total budget: law enforecement, police, etc.

What is Public Safety?