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
Section: Chapter Questions
Problem 1RQ1
Related questions
Question
What are tax expenditures? How do they promote inequality?
Expert Solution
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.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Recommended textbooks for you
Social Psychology (10th Edition)
Sociology
ISBN:
9780134641287
Author:
Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers
Publisher:
Pearson College Div
Introduction to Sociology (Eleventh Edition)
Sociology
ISBN:
9780393639407
Author:
Deborah Carr, Anthony Giddens, Mitchell Duneier, Richard P. Appelbaum
Publisher:
W. W. Norton & Company
The Basics of Social Research (MindTap Course Lis…
Sociology
ISBN:
9781305503076
Author:
Earl R. Babbie
Publisher:
Cengage Learning
Social Psychology (10th Edition)
Sociology
ISBN:
9780134641287
Author:
Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers
Publisher:
Pearson College Div
Introduction to Sociology (Eleventh Edition)
Sociology
ISBN:
9780393639407
Author:
Deborah Carr, Anthony Giddens, Mitchell Duneier, Richard P. Appelbaum
Publisher:
W. W. Norton & Company
The Basics of Social Research (MindTap Course Lis…
Sociology
ISBN:
9781305503076
Author:
Earl R. Babbie
Publisher:
Cengage Learning
Criminalistics: An Introduction to Forensic Scien…
Sociology
ISBN:
9780134477596
Author:
Saferstein, Richard
Publisher:
PEARSON
Sociology: A Down-to-Earth Approach (13th Edition)
Sociology
ISBN:
9780134205571
Author:
James M. Henslin
Publisher:
PEARSON
Society: The Basics (14th Edition)
Sociology
ISBN:
9780134206325
Author:
John J. Macionis
Publisher:
PEARSON