Which of the following is a cost of taxes to the taxpayer?

Question

Quizplus · Accepted Answer

All three options are costs of taxes to the taxpayer. The tax itself is an obvious cost, while deadweight losses and administrative burdens are indirect costs that taxpayers face. Deadweight losses refer to the reduction in economic activity that results from taxes, while administrative burdens refer to the time and effort required to comply with tax regulations. Therefore, the answer is D, all of the above.

Which of the Following Is a Cost of Taxes to the Taxpayer