Which of the following is an objective of taxation?
A)Raise revenue
B)Foster social goals
C)Stimulate the economy
D)All of the above
E)None of the above

Question

Quizplus · Accepted Answer

The objective of taxation includes raising revenue to fund government activities, fostering social goals such as promoting equal distribution of wealth and discouraging harmful activities through taxation, and stimulating the economy through tax incentives and disincentives. Therefore, all of the above objectives are valid and significant.

Which of the Following Is an Objective of Taxation