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What is the primary objective of raising revenue through taxation?
  • a)
    To encourage savings
  • b)
    To reduce economic disparities
  • c)
    To fund government activities
  • d)
    To promote inflation
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the primary objective of raising revenue through taxation?a)To...
The primary objective of raising revenue through taxation is to fund government activities, including the provision of public goods and services.
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What is the primary objective of raising revenue through taxation?a)To encourage savingsb)To reduce economic disparitiesc)To fund government activitiesd)To promote inflationCorrect answer is option 'C'. Can you explain this answer?
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