A state gets its money from a state lottery a property tax a

Last updated: 1/30/2024

A state gets its money from a state lottery a property tax a sales tax of 5 and an excise tax This year it projects that it will receive 28 million from the state lottery 36 million from the property tax and 12 million from the excise tax If the state needs 100 million to cover its expenses how many dollars worth of taxable items must be purchased in the state this year for the state to break even A 120 000 000 B 480 000 000 C 24 000 000 D 1 200 000