Using the Following Choices, Show the Justification for Each Provision

question 80

Multiple Choice

Using the following choices, show the justification for each provision of the tax law listed.
a. Economic considerations
b. Social considerations
c. Equity considerations
d. Both a. and b.
-Import taxes (customs duties)

• A)Deferral of gains from involuntary conversions
• B)Carryforward of net operating losses
• C)"No change" is a possible result
• D)State income tax applied to a visiting nonresident
• E)IRS special agent
• F)Undoing the "piggyback" result
• G)Ideal budget goal as to new tax legislation
• H)Every state that has a general sales tax has one
• I)Imposed by all states and the Federal government
• J)Imposed by some states but not the Federal government
• K)Imposed only by the Federal government
• L)No correct match provided

---

Definitions:

Endorphins

Natural painkillers produced by the body, often associated with feelings of euphoria.

Proinflammatory Cytokines

Molecules produced by the immune system that promote inflammation and are involved in the body's response to disease and injury.

Efferent Neurons

Motor neurons that convey impulses away from the brain.

Nociception

The process wherein sensory nerve cells are stimulated in response to harmful stimuli resulting in the perception of pain.