Tax expenditures allow the government to

A) enact legislation that benefits those most underrepresented in the system.
B) reduce the money supply by controlling who pays taxes.
C) subsidize certain taxpayers at the expense of others.
D) establish a ceiling on the amount of money it can spend.

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Sarah Macchia · Accepted Answer

Final Answer : C, Explanation :  Tax expenditures are reductions in tax liabilities granted to certain taxpayers, effectively subsidizing them by reducing their tax burden, often at the expense of broader tax base. This can include deductions, exemptions, and credits for specific activities or investments.

Tax expenditures allow the government to

A) enact legislation that benefits those most underrepresented in the system.
B) reduce the money supply by controlling who pays taxes.
C) subsidize certain taxpayers at the expense of others.
D) establish a ceiling on the amount of money it can spend.

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Learning Objectives

Learning Objectives

Related questions

Tax expenditures allow the government toA) enact legislation that benefits those most underrepresented in the system.B) reduce the money supply by controlling who pays taxes.C) subsidize certain taxpayers at the expense of others.D) establish a ceiling on the amount of money it can spend.

Definitions

Learning Objectives

Learning Objectives

Related questions

Tax expenditures allow the government to

A) enact legislation that benefits those most underrepresented in the system.
B) reduce the money supply by controlling who pays taxes.
C) subsidize certain taxpayers at the expense of others.
D) establish a ceiling on the amount of money it can spend.