Which of the following is incorrect?
A)Excessive property taxes could discourage construction and repair of buildings.
B)High income taxes can discourage general economic activity.
C)Raising the tax rate guarantees increased revenues.
D)To raise necessary revenue,a tax must not discourage too much of the activity that produces the income.

Question

Quizplus · Accepted Answer

The Answer of Which of the following is incorrect?
A)Excessive property taxes could discourage construction and repair of buildings.
B)High income taxes can discourage general economic activity.
C)Raising the tax rate guarantees increased revenues.
D)To raise necessary revenue,a tax must not discourage too much of the activity that produces the income.

Which of the Following Is Incorrect