Which of the Following Is Not a Characteristic of an Ideal

question 134

Multiple Choice

Which of the following is not a characteristic of an ideal tax system, according to the text?

• A)Fairness
• B)Taxing of items with high price elasticities
• C)Low marginal tax rates
• D)Simplicity
• E)High proportion of taxable sums subject to tax

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Definitions:

Scientists

Professionals who engage in systematic activities to acquire knowledge and conduct research in various fields of science.

Particularly Harsh

Describes conditions or treatments that are extremely severe or cruel.

Iberian Peninsula

A peninsula in Southwest Europe, home to Spain, Portugal, Andorra, Gibraltar, and parts of France, characterized by distinct cultural and historical development.