Which of the following statements in correct?
A.If the government can make the tax system fairer without additional inefficiency, it should do so in order to maximize efficiency.
B.If the government can make the tax system fairer without additional inefficiency, then the existing tax system is perfectly designed.
C.There is no trade-off between equity and efficiency in the tax system.
D.If the government can make the tax system fairer without additional inefficiency, it should seek to maximize equity at the expense of efficiency.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements in correct?
A.If the government can make the tax system fairer without additional inefficiency, it should do so in order to maximize efficiency.
B.If the government can make the tax system fairer without additional inefficiency, then the existing tax system is perfectly designed.
C.There is no trade-off between equity and efficiency in the tax system.
D.If the government can make the tax system fairer without additional inefficiency, it should seek to maximize equity at the expense of efficiency.

Which of the Following Statements in Correct