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The two most important state taxes are income and general sales taxes, although states also make substantial use of excise taxes, direct business taxes (usually
The two most important state taxes are income and general sales taxes, although states also make substantial use of excise taxes, direct business taxes (usually a corporate income tax), and others. List and discuss briefly four factors that might influence a state in choosing between an income and general sales tax. What is the relative reliance in your state on these two taxes? If the relative reliance in New York state is different than average, speculate about why that might be so.
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