Taxes influence which of the following decisions?
A) business decisions
B) personal decisions
C) political decisions
D) investment decisions
E) all of the choices are correct

Question

Quizplus · Accepted Answer

Taxes can influence all of the listed decisions. For example, high business taxes may lead to a company relocating to a different country with lower tax rates, personal income taxes may impact an individual's decision to work more or less or to invest in certain types of accounts, and investment taxes may affect where and how someone chooses to invest their money. Additionally, political decisions related to taxes, such as the passing of new tax laws, can also have far-reaching effects on various areas of decision making.

Taxes Influence Which of the Following Decisions