Net taxes are defined as taxes
A) plus transfers.
B) minus disposable income.
C) plus disposable income.
D) plus consumer spending.
E) minus transfers.

Question

Quizplus · Accepted Answer

Net taxes refer to taxes paid by households or businesses minus any transfers received from the government. Therefore, net taxes are calculated by subtracting transfers from taxes. Option E is the correct choice as it says minus transfers.

Net Taxes Are Defined as Taxes