Which of the following is not a goal of the income tax system? a. Raising revenue to

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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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Income Tax Fundamentals 2011

ISBN: 9780538469197

29th Edition

Authors: Gerald E. Whittenburg, Martha Altus-Buller

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