Solved

Which Item Was the Largest Tax Expenditure of the Federal

Question 40

Multiple Choice

Which item was the largest tax expenditure of the federal government in 2014?


A) exclusion of pension contributions and earnings,including 401(k) plans
B) deductibility of state and local taxes
C) exclusion of employer contributions for medical insurance from taxable income
D) deductibility of home mortgage interest

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions