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Federal Reserve Bank of Boston Economic Quiz
State and Local Government Finances
1. Which state does NOT have a sales tax?
Alabama
Idaho
Oregon
Wyoming
2. Which state does NOT have a broad-based personal income tax?
Florida
Montana
Ohio
New Mexico
3. According to the U.S. Census Bureau, how did Massachusetts rank in fiscal year 2000 (latest data available) on total revenue burden, or taxes, fees, and charges as a percentage of personal income?
5
19
32
46
4. According to the U.S. Census Bureau, which state received the highest federal aid per capita in fiscal year 2002?
Texas
Maryland
Alaska
Massachusetts
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Economic quiz written by: Lin Gong - June 2003
Views expressed in the economic quiz are those of the individual author.