Which of the following statements is not true?
A)Taxes often create inefficiency but can increase equity.
B)Tax policy is often a balance between equity and efficiency.
C)Some taxes lead to greater efficiency.
D)Taxes are about efficiency not equity.

Question

Quizplus · Accepted Answer

This statement is not true because taxes are not solely about efficiency. While efficiency can be an important consideration in designing tax policy, equity (fairness) is also a key concern.

Which of the Following Statements Is Not True