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Author Question: Which of the following isnota social objective of the tax law? (Read 96 times)

Engineer

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Question 1

A presidential candidate proposes replacing the income tax with a national sales tax. The sales tax would have a flat rate. Describe the impact of this change in terms of tax structure and equity.

Question 2

Which of the following is not a social objective of the tax law?
◦ prohibition of a deduction for illegal bribes, fines and penalties
◦ a deduction for charitable contributions
◦ an exclusion for interest earned by large businesses
◦ creation of tax-favored pension plans


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Marked as best answer by Engineer on Sep 13, 2020

tennis14576

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Engineer

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Reply 2 on: Sep 13, 2020
Great answer, keep it coming :)


xiaomengxian

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Reply 3 on: Yesterday
:D TYSM

 

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