Exemptions and Deductions Included in the Tax Laws

question 12

Multiple Choice

Exemptions and deductions included in the tax laws

• A)Are designed to encourage specific economic activities.
• B)Reduce vertical inequities.
• C)Make the tax structure more progressive.
• D)Reduce horizontal inequities.

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Definitions:

Improve Mobility

Efforts or practices aimed at enhancing the ability to move freely and easily.

Prevent Cancer

Strategies or actions taken to reduce the risk of developing cancer, including lifestyle changes and medical practices.

Body-Weight Exercise

Physical activity that utilizes one's own body weight for resistance, including push-ups, squats, and pull-ups.

Sit-Ups

An exercise involving the raising of the torso from a lying position to a sitting position and back down, intended to strengthen abdominal muscles.