Statement of a problem № m992


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 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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