Which of the following is NOT an advantage of a flat tax?

a The flat tax is simple.

b. The flat tax closes or minimizes most tax loopholes.

c. The flat tax removes behavior incentives in the tax code.

d. The flat tax would reduce the need for accountants and larger portions of the IRS.

Question

Law

Lucia Travis

5 September, 02:36

Which of the following is NOT an advantage of a flat tax?

a The flat tax is simple.

b. The flat tax closes or minimizes most tax loopholes.

c. The flat tax removes behavior incentives in the tax code.

d. The flat tax would reduce the need for accountants and larger portions of the IRS.

+2

Answers (1)

Know the Answer?

Carl Butler · Answer 1

D.

Explanation:

This would be a disadvantage of the flat tax, because with less need for accountants and similar jobs, the amount of employment opportunities that are available reduces in an economy.

Which of the following is NOT an advantage of a flat tax?a The flat tax is simple.b. The flat tax closes or minimizes most tax loopholes.c. The flat tax removes behavior incentives in the tax code.d. The flat tax would reduce the need for accountants and larger portions of the IRS.

Which of the following is NOT an advantage of a flat tax?

a The flat tax is simple.

b. The flat tax closes or minimizes most tax loopholes.

c. The flat tax removes behavior incentives in the tax code.

d. The flat tax would reduce the need for accountants and larger portions of the IRS.