Horizontal Equity Is Defined in Terms of Taxpayers in Similar

question 4

True/False

Horizontal equity is defined in terms of taxpayers in similar situations whereas vertical equity is defined in terms of taxpayers in different situations.

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Definitions:

Estimate

To determine an approximate calculation or judgment of a numerical value.

Percentage

A number or ratio expressed as a fraction of 100, used to specify a portion of a whole.

Population

The entire group of individuals or items that are the subject of a statistical investigation.

Data Dash-Board

A visual representation tool that displays the current status of metrics and key performance indicators (KPIs) for an organization.