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Canons of Taxation: convenience, productivity, elasticity

Which canon s...

Question

Which canon states that the government should impose the taxes from which it can get enough tax revenue and should choose a few taxes that can fetch more tax revenue?

A

Canon of elasticity

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B

Canon of economy

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C

Canon of revenue

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D

Canon of productivity

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Solution

The correct option is D Canon of productivity
.

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Canons of Taxation: convenience, productivity, elasticity

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