Both accoomic and social considerations can be used to justify o a Favcrable tax treatment for accident and health plans provided for employees and financed by employers 0 h Disallowance of any deduction for expenditures deemed to be contrary to public policy (eg, fines, penalties, illegal kickbacks, bribes to government officials). O c Various tax credits, deductions, and exclusions that are designed to encourage taxpayers to obtain additional education o d Allowance of a deduction for state and local income taxes paid O e None of these QUESTION 2 Taxes levied by all states include O a Tobacco excise tax. Ob. Individual income tax. O c Inheritance tax O d General sales tax O e None of these QUESTION 3 Which of the following statements about a value added tax (VAT) is false? a A VAT has been proposed in the U.S to replace part of the income tax b A VAT operates simalarly to a sales tax. c The U.S. has imposed a VAT since 1913. d Many countries use a VAT Click Save and Submit to save and submit. Cick Save All Ansseers to save all ansecre Save All An nol 40 144 8 3 4 5 7 8 0