In Addition to Tax Payments, the Two Other Primary Costs

question 101

Multiple Choice

In addition to tax payments, the two other primary costs that a tax system inevitably imposes on taxpayers are

• A)deadweight losses and administrative burdens.
• B)deadweight losses and frustration with the political system.
• C)administrative burdens and tax-preparation costs.
• D)administrative burdens and the risk of punishment for failure to comply with tax laws.

---

Definitions:

Reference Group

A social group that serves as a point of reference for individuals in shaping their behavior, expectations, or attitudes.

Evaluates

Evaluating involves systematically assessing something to determine its value, effectiveness, or significance based on specific criteria or standards.

Conduct

The manner in which a person behaves, especially in a particular place or situation.

Laissez-faire Leadership

A leadership style characterized by minimal direct supervision, where leaders provide tools and resources but allow employees to solve problems on their own.