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
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
Chapter22: The Public Sector
Section: Chapter Questions
Problem 9SQ
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
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