Which of these is NOT a goal of the federal income tax system?

The federal income tax system primarily aims to generate revenue for government operations, redistribute wealth, and encourage or discourage certain behaviors through tax incentives. While monetary policy, economic growth, inflation control, and price stability are important economic considerations, they are not direct goals of the income tax system itself.

Monetary policy is typically the domain of the Federal Reserve and involves managing the nation’s money supply and interest rates. This goal primarily focuses on controlling inflation and influencing economic activity, rather than serving as a direct objective of the income tax structure.

While the tax system can indirectly impact economic growth, inflation, and price stability through the allocation of resources and incentives, these are not its primary functions. The purpose is more about operating revenue and equity in the tax system rather than directly managing broader economic indicators. Thus, the correct choice is that monetary policy is not a goal of the federal income tax system.