If the objectives of the federal tax system are multifaceted and include raising revenues, providing investment incentives, encouraging certain industries, and meeting desired social objectives, is it possible to achieve a simplified tax system? Explain. O A. It is possible to achieve a simplified tax system. While it would be difficult to achieve simplicity and fairness, with enough thought it could be done. It would be fairly simple to provide incentives and achieve social objectives at the same time. O B. It is possible to achieve a simplified tax system. The government can easily achieve simplicity and fairness, while providing incentives and achieving social objectives. C. Probably not. It would be difficult to achieve a simplified tax system and also provide incentives to certain industries as well as achieve social objectives. To achieve a simplified tax system would require the elimination of special purpose provisions, D. Probably not. It is possible to achieve simplicity and fairness in the tax system, but difficult to provide incentives to certain industries and achieve social objectives