CAF-2 · Chapter 1 · Question 3 of 13
According to Adam Smith's Canons of Taxation, which principle states that taxes should not be expensive to collect and should not discourage business activities?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) B) Canon of Economy
Explanation
The Canon of Economy dictates that taxes should not be expensive to collect and should not discourage business.
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