Net taxes are taxes net of
A) income.
B) government spending.
C) consumer saving.
D) transfer payments.
E) import spending.

Question

Quizplus · Accepted Answer

Net taxes are taxes minus transfer payments, meaning any government payments to individuals like social security or welfare benefits are subtracted from the total tax revenue to calculate net taxes. Income, government spending, consumer saving, and import spending are not directly related to net taxes.

Net Taxes Are Taxes Net of