Question: Select the correct answer to the question, What is meant by revenue neutrality? a. Revenue neutrality means that any changes resulting from new tax legislation
Select the correct answer to the question, "What is meant by revenue neutrality?" a. Revenue neutrality means that any changes resulting from new tax legislation neither increase nor decrease the net revenues raised under the prior law. b. Revenue neutrality means that any changes resulting from new tax legislation must reduce tax deficits. c. Revenue neutrality means that any one taxpayer's tax liability is to remain the same as a result of new tax legislation
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
