Changing tax regimes can sometimes be difficult and lead to inequities.

Question

Quizplus · Accepted Answer

Changing tax regimes can lead to unintended consequences such as some groups receiving more benefits than others or some individuals paying more taxes. It can also be challenging to accurately predict the impact of the changes on the economy and taxpayers, making it uncertain whether the intended goals will be achieved. Therefore, changing tax regimes can often be difficult and result in inequities.

Changing Tax Regimes Can Sometimes Be Difficult and Lead to Inequities