Multiple Choice
Assume that Congress plans to amend the federal individual income tax to eliminate the deductions for medical care, charitable contributions, and home mortgage interest. Which of the following statements is true?
A) The amendment will reduce the complexity of the tax.
B) The amendment will increase the horizontal equity of the tax.
C) The amendment will increase the neutrality of the tax.
D) Both the amendment will reduce the complexity of the tax and will increase the neutrality of the tax.
Correct Answer:
Verified
Correct Answer:
Verified
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