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

Audrina

19 June, 16:15

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.

+1

Answers (1)

Know the Answer?

Madalyn Sweeney · 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.