Author Question: Under current tax law individuals do not pay taxes on health insurance benefits they receive from ... (Read 102 times)

dalyningkenk · **on:** Jun 29, 2018

Under current tax law individuals do not pay taxes on health insurance benefits they receive from their employers. As a result

A) the quality of health care provided is less than it would be if benefits were taxed.
B) politicians are encouraged to raise income and payroll taxes.
C) individuals are encouraged to want generous health coverage that reduces their incentives to cut costs.
D) the federal government spends more than it receives in tax revenue.

Question 2

Refer to Table 9-11. Which country has an absolute advantage in producing clocks?

A) Denmark B) Belize C) both countries D) neither country