Which of the Following Principles Encourages a Vertically Equitable Tax

question 83

Multiple Choice

Which of the following principles encourages a vertically equitable tax system?

• A)Pay-as-you-go
• B)Economy
• C)Income effects
• D)Ability to pay principle
• E)None of the choices are correct

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Definitions:

Thalamus

A large, dual-lobed structure in the brain that acts as a relay station, conveying sensory and motor signals to the cerebral cortex.

Smell

A sense that enables the perception of odors, essential for taste and often involved in memory.

Hearing

The sensory process that enables the reception and perception of sound by the auditory system.

Vision

The sense by which light stimuli received by the eye are interpreted by the brain and constructed into a representation of the surrounding environment.