Loopholes have the effect of
A) encouraging particular patterns of behavior and favoring particular types of people.
B) eroding the progressivity of the income tax.
C) altering the pattern of economic incentives.
D) All of the above are correct.
Correct Answer:
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Q161: Figure 18-2 Q170: Figure 18-2 Q173: Figure 18-2 Q175: A tax that does not change consumers' Q175: The major objective of the 1986 tax Q176: Figure 18-1 Q177: Which of the following taxes is most Q181: When demand for a product is very Q196: Economists generally think that the _ tax Q198: Figure 18-3 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents