Which of the following is not a social objective of the tax laws?a) Place more after tax income into the hands of taxpayers fortheir disposal.b) Fight unemployment problems of certain disadvantagedgroups of citizens through the Work Opportunity Tax Credit.C) Relieve the tax burdens of taxpayers who are 65 or over or areblind.d) Subsidize the cost of a home, and thus encourage homeownership.e) Encourage individuals to provide for their future needs bycontributing to their retirement savings accounts.

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SWFT Essntl Tax Individ/Bus Entities 2020

23rd Edition

ISBN:9780357391266

Author:Nellen

Publisher:Nellen

Chapter1: Introductin To Taxation

Section: Chapter Questions

Problem 1BD

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Question

Which of the following is not a social objective of the tax laws?
a) Place more after tax income into the hands of taxpayers for
their disposal.
b) Fight unemployment problems of certain disadvantaged
groups of citizens through the Work Opportunity Tax Credit.
C) Relieve the tax burdens of taxpayers who are 65 or over or are
blind.
d) Subsidize the cost of a home, and thus encourage home
ownership.
e) Encourage individuals to provide for their future needs by
contributing to their retirement savings accounts.

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