Define what is meant by the term tax expenditure.
What will be an ideal response?
Tax expenditures are tax breaks, or loopholes, that effectively encourage particular activities through monetary incentives created in the tax system. The concept of a tax expenditure reflects the theory that tax relief is the same as subsidizing an activity through direct government expenditures.
Political Science
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Which of the waves of democratization is characterized by decolonization in sub-Saharan Africa?
A. first wave B. second wave C. third wave D. fourth wave
Political Science
This person wrote about the Sword of Justice, the idea that government should exist to enforce laws, punish criminals, and defend the country from outsiders?
What will be an ideal response?
Political Science