Which principle states that taxes should be levied according to a taxpayer’s ability to pay?a) Benefit principleb) Horizontal equityc) Vertical equityd) Ability-to-pay principle. Note : don't use chat gpt.
Which principle states that taxes should be levied according to a taxpayer’s ability to pay?a) Benefit principleb) Horizontal equityc) Vertical equityd) Ability-to-pay principle. Note : don't use chat gpt.
Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
ChapterST1: Government Spending And Taxation
Section: Chapter Questions
Problem 3CQ
Related questions
Question
Which principle states that taxes should be levied according to a taxpayer’s ability to pay?
a) Benefit principle
b) Horizontal equity
c) Vertical equity
d) Ability-to-pay principle.
Note : don't use chat gpt.
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