Provisions in the tax law that promote energy conservation and more use of alternative (nonfossil) fuels can be justified by:
A)Political considerations.
B)Economic and social considerations.
C)Promoting administrative feasibility.
D)Encouragement of small business.
E)None of these.

Question

Quizplus · Accepted Answer

Provisions in the tax law that promote energy conservation and use of alternative fuels are justifiable based on economic and social considerations. These provisions can help reduce the dependence on fossil fuels, which are a limited resource, and promote the use of renewable energy sources. This can lead to cost savings, job creation, and a reduction in greenhouse gas emissions, which can have long-term benefits for the economy and society as a whole.

Provisions in the Tax Law That Promote Energy Conservation and More