what is an incentive?provide an example of a government incentive.?

Answer 1

The home mortgage interest deduction, and the fact that you can deduct any expenses in buying a home on your income taxes, are incentives by the government to encourage home ownership.

Answer 2

Government incentive? A government incentive is a socialistic mechanism for the government to socially engineer a society. The government should stay out of the lives of Americans and should keep its nose out of trying to influence economics. An example of a govenmenr incentive is any tax law that tries to influence behavior one way or another. IT SHOULD NOT BE DONE!!!!!!! This is not what living free is about.

Answer 3

An incentive is something you give to people to encourage them to do what you want them to do. A government incentive would be something like offering to pay your child's tuition at a community college in an effort to get the parent off of welfare. I know there is currently a state sponsered insentive in CT right now where by the state offers to pay a portion of bus fare for shuttle busses to get people to take public transportation. This is supposed to cut down on pollution expended from having so many vehicles on the road and I would imagine the amount of traffic. I hope this helps.

Answer 4

An incentive is a positive inducement offered in an effort to encourage or reinforce certain "desirable" behaviors of citizens. Examples: IRA deposits tax deductible or Roth IRA earnings tax-free, to encourage savings for retirement; charitable contributions are tax deductible to encourage donations.

Answer 5

Incentive is a means by which one is motivated to act.Tax concessions, tax holiday are some of the govt. incentives.

Answer 6

pay your taxes or go to jail..............