Which of the following is not a social objective of the tax laws? A. Fight unemp

Question

Which of the following is not a social objective of the tax laws? A. Fight unemployment problems of certain disadvantaged groups of citizens through the Work Opportunity Tax Credit. b. Place more after tax income into the hands of taxpayers for their disposal. c. Relieve the tax burdens of taxpayers who are 65 or over or are blind. d. Subsidize the cost of a home, and thus encourage home ownership. e. Encourage individuals to provide for their future needs by contributing to their retirement savings accounts.

Explanation / Answer

The following is not a social objective of the tax laws:

b. Place more after tax income into the hands of taxpayers for their disposal.

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