Which of the following are true?

Question

Quizplus · Accepted Answer

A) A VAT fosters national saving because it is a consumption-based tax, which means it taxes goods and services at the point of sale rather than taxing income, which can increase savings.
B) An income tax can be a disincentive to save, especially if high-income earners face higher tax rates on their savings income. 
C) National tax authorities find that a VAT is easier to collect than an income tax because it is less prone to tax evasion since it is applied at every stage of production and distribution, making it harder for businesses to under-report sales.

Which of the Following Are True