Question
QUESTION 4 Which of the following does NOT explain properly about political choices, one of the functions associated with revenue generation? a. Property taxes are
QUESTION 4
- Which of the following does NOT explain properly about political choices, one of the functions associated with revenue generation?
a. | Property taxes are often politically attractive because homeowners have to pay them once or twice a year, and this makes them very visible. | |
b. | The sales tax on automobiles and other large-ticket items is more visible and more politically unacceptable than other sales taxes because of how it is collected. | |
c. | Sales taxes on nondiscretionary purchases are considered regressive, yet they are politically attractive because often the cost of those taxes is hidden in the cost of the item being purchased. | |
d. | Consumers who buy a loaf of bread or a carton of eggs do not think about how much tax they are paying on the item and often generate limited resistance. |
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