In addition to raising revenues, specific U.S. taxes may have other objectives (e.g., economic or social objectives).

Question

Quizplus · Accepted Answer

Specific taxes in the U.S. may have goals other than raising revenues, such as promoting certain behaviors or discouraging others, or addressing social or economic concerns. Examples include excise taxes on cigarettes to discourage smoking, carbon taxes to incentivize reducing greenhouse gas emissions, and payroll taxes to fund social security and Medicare programs.

In Addition to Raising Revenues, Specific U