Instead of the repealed tax, Chandler established what kind of taxes?
New Property taxes and a City Tax
New Sales and Luxury Tax
New Excise taxes and the State's First Income Tax
New Corporate and Business Tax
Answer
The repeal of the 10% sales tax in 1923 by the legislature led to a significant decline in tax revenues, and in response to this, the legislature passed the State Revenue Act of 1924, which established the State's First Income Tax and new excise taxes on liquor, cigarettes, and gasoline.
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