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The Scottish economist, Adam Smith, wrote The Wealth of Nations in 1776. Which of the following is the basis for Smith’s four principles of sound taxation? A. Those who earn the largest amount should pay all the taxes. B. All taxes should come from the sale of various goods. C. A flat tax distributes the tax burden fairly. D. The tax burden should be spread fairly among the taxed.
D. The tax burden should be spread fairly among the taxed.
goldenlight|Points 5266|
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Asked 1/12/2014 7:35:09 PM
Updated 1/12/2014 7:49:54 PM
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The basis for Smith's four principles are D. The tax burden should be spread fairly among the taxed.
Added 1/12/2014 7:49:54 PM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [1/12/2014 8:05:03 PM]
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