Highlight the features of a good tax system.

      

What are the features/attributes/characteristics of a good tax system?

  

Answers


Lydia
a. Equitable.
b. Certainty
c. Convenient
d. Economical
e. Flexibility.
f. Simplicity.
g. Diversity.
h. Ability to pay

A] Should ensure that those paying the tax make equal sacrifices
B] Should be convenient to both the payer and the collector
C] Should ensure that the cost of collection and administration are small in relation to the amount of revenue realized
D] Should not be disincentives to effort
E] Should be capable of being adjusted to meet the prevailing economic situation
lydiajane74 answered the question on October 31, 2017 at 07:38


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