Taxes Have Been Used as a Method of Encouraging or Discouraging

question 12

True/False

Taxes have been used as a method of encouraging or discouraging taxpayers from doing something.

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Definitions:

Intrapreneurs

Individuals in large firms who take responsibility for the development of innovations within the organizations.

Stock

Shares of a corporation that may be bought or sold.

Collateral

Assets pledged by a borrower to secure a loan or other credit, and subject to seizure by the lender if the borrower defaults.