The gasoline tax is often used to illustrate the benefits received principle of taxation because
A) Everyone benefits from the gasoline tax
B) Those who pay the tax receive benefits,since the revenues are used for road and highway construction and maintenance
C) The amount we pay is consistent with our incomes
D) Everyone knows when they pay the tax
E) The gasoline tax is a poor example of the benefits received principle
Correct Answer:
Verified
Q36: The Following Questions Refer to the graph
Q37: The Following Questions Refer to the graph
Q37: The Following Questions Refer to the graph
Q38: An output tax will be shifted completely
A)Backward
Q41: Regressive tax rates mean that the ratio
Q43: Vertical equity implies that
A)People in different states
Q44: Suppose one individual earns $25,000 per year
Q45: If demand for a product is perfectly
Q46: A tax that is shifted forward is
Q47: If we levy a tax on profits
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents