Large deadweight losses and large administrative burdens are characteristic of a tax system that is best defined as:
A)equitable
B)bureaucratic
C)revenue-maximising
D)inefficient

Question

Quizplus · Accepted Answer

Large deadweight losses and large administrative burdens indicate that the tax system is inefficient, meaning that it is not achieving its intended goals in the most effective way possible.

Large Deadweight Losses and Large Administrative Burdens Are Characteristic of a Tax