What are tax expenditures? How do they promote inequality?
Social Psychology (10th Edition)
10th Edition
ISBN:9780134641287
Author:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers
Publisher:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers
Chapter1: Introducing Social Psychology
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What are tax expenditures? How do they promote inequality?
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Step 1
tax expenditures:
This term is part of budget. Some call it as a necessary evil. It can exist in any form.
These are meant to promote some kind of activities in an economy. These are a tool to Operate public policies at times.
These includes reductions, deductions,etc.., to the tax payers.
The actual intent behind operating tax expenditures is to curb the inequality.
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