, whereby a taxpayer deducts the total amount of money spent on various expenses, such as gifts to charity and interest on home mortgages is called-------------------------- deductions * Tax -------------- are amounts by which taxpayers are allowed to reduce the taxes they owe to the government through spending, for example on childcare * Tax deductions are amounts by which taxpayers are allowed to reduce their taxable income through spending on items such as
The evaluation of a tax system’s fairness requires a particular concept of fairness, or equity, and a means of measuring
how a tax system redistributes income to make the distribution more-------------------------------. *
Alternative to the standard deduction, whereby a taxpayer deducts the total amount of money spent on various expenses,
such as gifts to charity and interest on home mortgages is called-------------------------- deductions *
Tax -------------- are amounts by which taxpayers are allowed to reduce the taxes they owe to the government through spending, for example on childcare *
Tax deductions are amounts by which taxpayers are allowed to reduce their taxable income through spending on items such as
charitable------------------- or home mortgage interest
Step by step
Solved in 2 steps
