Horizontal Equity Means That

question 33

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:

Strategy Map

Arrows added to the balanced scorecard showing the expected cause-and-effect relationships among strategic objectives.

Value Chain

The full range of activities that businesses go through to bring a product or service from conception to delivery to the consumer.

Customer Satisfaction

A measure of how products or services offered by a company meet or surpass customer expectations, essential for retaining clientele and fostering loyalty.

Performance Target

A predefined goal or objective used to measure the efficiency, effectiveness, and success of an organization or individual's activities.