Question
In: Economics
The primary goal of general taxes, such as income taxes, is to _______
The primary goal of general taxes, such as income taxes, is to _______
The primary goal of taxes on particular goods is usually to _______
If the government wished to encourage spending, the best tax to choose would be _______
Solutions
Expert Solution
=> blank 1 Answer:- Raise revenue
Explanation:- yes, the main or primary goal of any government for general tax is raising the revenue which will utilize for the purpose of government expenditure on infrastructure and Nation development.
=> Blank 2 Answer:- Change behavior
Explanation:- the major goal for particular good taxes is to make efficiency of that product by changing the behavior of people regarding that particular product.
=> Blank 3 Answer:- income tax
=> every government should wishing to encourage spending towards development of infrastructure of country by raising the income taxes which is main source of revenue for Government.
Rahul Sunny answered 2 years agoRelated Solutions
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The two most important state taxes are income and general sales taxes, although states also make...
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List and discuss briefly four factors that might influence a state
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sales taxes, although states also make substantial use of excise
taxes, direct business taxes (usually a corporate income tax), and
others. List and discuss briefly four factors that might influence
a state in choosing between an income and general sales tax. What
is the relative reliance in your state on these two taxes? If the
relative reliance in your state is different than average,
speculate about why that might...
3. The two most important state taxes are income and general sales taxes, although states also...
3.
The two most important state taxes are income and general sales
taxes, although states also make substantial use of excise taxes,
direct business taxes (usually a corporate income tax), and others.
List and discuss briefly four factors that might influence a state
in choosing between an income and general sales tax. What is the
relative reliance in your state on these two taxes? If the relative
reliance in your state is different than average, speculate about
why that might...
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