Ask Question
27 September, 03:22

Main purpose or taxes is to

A. generate revenue for funding government programs

b. reduce the chances of inflation

c. create jobs

d. discourage use of certain goods and services

+3
Answers (1)
  1. 27 September, 03:48
    0
    The primary purpose of taxation is to raise revenue to meet huge public expenditure. Most governmental activities must be financed by taxation. But it is not the only goal. In other words, taxation policy has some non-revenue objectives. so the answer is A.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Main purpose or taxes is to A. generate revenue for funding government programs b. reduce the chances of inflation c. create jobs d. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers