Which aspect of taxation involves Normative Economics?

CA Foundation · Business Economics · MTP · September 2024
Which aspect of taxation involves Normative Economics?
(A) A. the incidence of the tax
(B) B. the effect of the tax on incentives to work
(C) C. the "fairness” of the tax
(D) D. all the above.

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. the "fairness” of the tax

Topics: Public Finance

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