Multiple choice

Which of the following is not an objective of imposing tax?

  1. Collection of Revenue

  2. Protection to domestic industry

  3. Reducing income inequality

  4. Reducing dependence on foreign countries
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

It is not an objective of imposing tax. The tax is not imposed for reducing dependence on foreign countries. The dependence on foreign technology, for instance, cannot be reduced by imposing tax.

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