What Is NOT a Reason That a Lump-Sum Tax Imposes

question 99

Multiple Choice

What is NOT a reason that a lump-sum tax imposes a minimal administrative burden on taxpayers

• A)Everyone can easily compute the amount of tax they owe.
• B)There is no benefit to hiring an accountant to do your taxes.
• C)Everyone owes the same amount of tax, regardless of earnings.
• D)There is no deadweight loss.

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Definitions:

Probability

A measure of the likelihood of a specific outcome or event occurring.

Crash Cost

The extra costs incurred to reduce the time of project activities in project management to accelerate project completion.

Normal Duration

The typical amount of time expected under normal conditions to complete a task or process, often used in project planning and scheduling.

Network Technique

A method used in project management and operations research to plan and manage complex projects, often visualized through diagrams.