The government uses the tax system to collect revenue and to incentivize people to act in ways it deems beneficial.

Question

Quizplus · Accepted Answer

This statement is true. The government has the authority to collect taxes from its citizens and uses this system to fund public goods and services. Additionally, taxes can be designed to encourage certain behaviors, such as tax credits for homebuyers or deductions for charitable donations.

The Government Uses the Tax System to Collect Revenue and to Incentivize