The "Ability-To-Pay" Principle of Taxation Is the Normative Idea That

question 28

Multiple Choice

The "ability-to-pay" principle of taxation is the normative idea that

• A)an equitable tax system is one in which high income individuals should bear a greater burden of taxes than low income individuals.
• B)each individual should voluntarily contribute according to her ability to pay taxes.
• C)progressive taxes are more equitable than regressive taxes.
• D)two individuals earning the same income should have equal ability to pay, all else constant.

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Definitions:

Satiety

Satiety is the feeling of being full or satisfied, often experienced after eating, which signals the body to stop consuming food, playing a crucial role in controlling appetite and regulating food intake.

Metabolic Reaction

This term describes a chemical process within a living organism that is necessary for maintaining life, involving the buildup (anabolism) and breakdown (catabolism) of compounds.

Glycogen

A form of carbohydrate stored in the liver and muscles, used as a primary energy source during physical activity.

Liver

The liver is a vital organ responsible for detoxification, protein synthesis, and the production of biochemicals necessary for digestion.