A wealth tax can be justified because it
A) helps to correct certain (inevitable) problems that arise in the administration of an income tax.
B) the higher an individuals wealth,the greater his or her ability to pay,other things- including income - being the same.
C) reduces the concentration of wealth,which is desirable socially and politically.
D) are payments for benefits that wealth holders receive from government.
E) all of the above.
Correct Answer:
Verified
Q4: The Value Added Tax (VAT)is
A)not often used
Q5: President Obama has proposed making the _
Q10: A tax levied on an individual's total
Q10: Sale taxes are
A)easy to administer at lower
Q11: A tax,in which amounts transferred as gifts
Q11: Which of the following is a unit
Q13: Wealth taxes are assessed on a stock
Q15: The gross estate is
A) very disgusting.
B) all
Q15: Optimal commodity taxation would
A) put a tax
Q17: The largest source of tax revenues for
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