Which of the following is not a goal of the income tax system? a. Raising revenue to
Question:
Which of the following is not a goal of the income tax system?
a. Raising revenue to operate the government.
b. Providing incentives for certain business and economic goals, such as higher employment rates, through business-favorable tax provisions.
c. Providing incentives for certain social goals, such as charitable giving, by allowing tax deductions, exclusions, or credits for selected activities.
d. All the above are goals of the income tax system.
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Related Book For
Income Tax Fundamentals 2011
ISBN: 9780538469197
29th Edition
Authors: Gerald E. Whittenburg, Martha Altus-Buller
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