Which of the Following Is True with Regard to a Tax

question 10

Multiple Choice

Which of the following is true with regard to a tax on labour income? Taxes on labour income tend to encourage

• A) the unscrupulous to enter the underground economy.
• B) the elderly to retire early.
• C) all of the things described in these answers.
• D) second earners to stay home.
• E) workers to work fewer hours.

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Definitions:

Environment

The natural world, including all living and non-living things that exist naturally on Earth.

Poverty

A state or condition in which an individual or community lacks the financial resources and essentials for a minimum standard of living.

Sustainability

The practice of using resources in a way that meets present needs without compromising the ability of future generations to meet their own needs, often with a focus on environmental preservation.

Equality

The state of being equal, especially in status, rights, and opportunities.