Horizontal Equity Means That

question 52

Multiple Choice

Horizontal equity means that

• A)taxpayers with the same amount of income should pay the same amount of tax.
• B)taxpayers with larger amounts of income should pay more tax than taxpayers with lower amounts of income.
• C)all taxpayers should pay the same tax.
• D)none of the above.

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Definitions:

Heterozygous

Inheriting from parents different forms of a gene for a given trait.

Monozygous

Pertains to monozygotic twins, twins resulting from a single fertilized egg that splits, resulting in two genetically identical individuals.

Dizygotic

Refers to twins that are fraternal, meaning they developed from two different eggs fertilized by two different sperm, resulting in genetically distinct siblings.

Monozygotic

Relating to twins who have developed from a single fertilized ovum, making them genetically identical.