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Match the items 1-5 with the following descriptions A - E below. Only one answer per item: Severance taxes Franchise taxes Occupational fees Customs duties Export duties Taxes are transaction taxes that are based on the notion that the state has an interest in its natural resources. The tax is imposed on the extraction of minerals. Taxes are levied on the right to do business in the state. Typically, they are imposed on corporations and are based on their capitalization. Fees applicable to trades or businesses and are licenses to practice. Most are not significant revenue producers, and the amounts collected are utilized to defray the cost of regulating the profession. Taxes on the importation of certain foreign goods. They are imposed by the Federal government and are not found at the state and local level. Taxes imposed on the export of certain commodities (e.g., oil, coffee). They are common to less- developed nations and are not levied by the United States