The Resources That a Taxpayer Devotes to Complying with the Tax

question 542

Multiple Choice

The resources that a taxpayer devotes to complying with the tax laws are a type of

• A)marginal tax.
• B)administrative burden.
• C)deadweight loss.
• D)Both b and c are correct.

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Definitions:

Fallacy

A mistake in the process of reasoning which makes an argument fundamentally incorrect.

Pony

A small horse breed known for its intelligence and strength.

Appeal To Majority

A fallacy that occurs when one asserts that a proposition is true because most people believe it to be true.

Fallacy

A mistaken belief, especially one based on unsound argument or reasoning that appears logical but is actually flawed.