Which of the following are included in Adam Smith's characteristics of a good tax?
A)Certainty
B)Economy
C)Convenience
D)All are included

Question

Quizplus · Accepted Answer

Adam Smith outlined several characteristics of a good tax system in his seminal work, "The Wealth of Nations." These include certainty, meaning taxpayers should know how much to pay and when; economy, indicating the costs of collecting the tax should be kept low; and convenience, suggesting the timing and manner of tax payments should be convenient for taxpayers. Therefore, all the options listed are included in Adam Smith's characteristics of a good tax.

Which of the Following Are Included in Adam Smith's Characteristics