The Concept of Tax Sufficiency

question 112

Multiple Choice

The concept of tax sufficiency:

• A)suggests the need for tax forecasting.
• B)suggests that a government should estimate how taxpayers will respond to changes in the current tax structure.
• C)suggests that a government should consider the income and substitution effects when changing tax rates.
• D)All of the choices are correct.
• E)None of the choices are correct.