Question: Match the term with the correct definition ( per the Peterson Foundation ) . Prompt 1 Allow certain categories of income to go untaxed Answer

Match the term with the correct definition (per the Peterson Foundation).
Prompt 1Allow certain categories of income to go untaxed
Answer for prompt 1 Allow certain categories of income to go untaxed
Prompt 2Allow taxpayers to deduct expenses from their taxable income
Answer for prompt 2 Allow taxpayers to deduct expenses from their taxable income
Prompt 3Reduce the amount of taxes owed
Answer for prompt 3 Reduce the amount of taxes owed
Prompt 4Shield certain assets, or the income taxpayers earn from certain assets, from taxation
Answer for prompt 4 Shield certain assets, or the income taxpayers earn from certain assets, from taxation

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