Question

All of the following statements about the economic philosophy in Texas are true EXCEPT

A. Texas is a Right-to-Work state and is proud of its pro-business climate.
B. The median wage in Texas is much higher than the national average.
C. While Texas has a high poverty rate, it also has a high number of billionaires living within its boundaries.
D. Texas has one of the most regressive tax structures in the nation.
E. A regressive tax structure is one that places a higher tax rate on the poor than the wealthy.

Answer 1

The answer is: B) The median wage in Texas is much higher than the national average. THIS STATEMENT IS FALSE.

Step-by-step explanation:

If you take the facts from the Census ACS 1 year survey, the median household income in Texas is $59,206 (2017 data) and a median hourly wage of $17,06 (2016 data from the Bureau of Labor Statistics).

If you compare those numbers with the national average, the US median household income is $60,336 (the national average is $1,130 higher than the Texas median household income). Historically the Texas median household income has been lower than the national average.

If we consider the median hourly wage in Texas of $17,06 (2016 data) and we compare to the national hourly wage of $17,81 (2016 data from the Bureau of Labor Statistics) we can clearly see it´s also lower. The top ten states with the highest median hourly wage are: Alaska, Massachusetts, Connecticut, Washington, Maryland, New York, New Jersey, California, Minnesota, Hawaii, with hourly wages ranging from $22.68 to $19.24