Which of the Following Best Describes Horizontal Equity

question 53

Multiple Choice

Which of the following best describes horizontal equity?

• A)All taxpayers should pay some taxes on their incomes
• B)As income increases, taxes should increase
• C)Persons with equal incomes should pay the same amount of taxes
• D)A person with capital gains should pay less tax than a person with the same amount of salary income

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Definitions:

Meaningful Purpose

An underlying intention or goal that provides significance and direction to an individual's or organization's actions.

Ethics And Social Responsibility

The principles of moral conduct and obligations that a business or individual should consider in their practices and decision-making to benefit society.

Observable Culture

The aspects of an organization's culture that can be seen or experienced directly, such as rituals, dress codes, behaviors, and physical setup.

Symbolic Leaders

Individuals who represent the ideals, values, and ethos of their group or organization, often inspiring or guiding through symbolic actions.