Examlex
What does Fragonard's The Swing ,which was commissioned by an unknown patron,suggest about the artist's aristocratic clientele?
Horizontal Equity
The principle that individuals in similar financial conditions should be treated equally by the taxation system.
Vertical Equity
A principle in taxation that states taxpayers with a greater ability to pay should contribute more in taxes.
Regressive Tax
A tax for which high-income taxpayers pay a smaller fraction of their income than do low-income taxpayers.
Federal Tax Receipts
The revenue collected by the federal government from various taxes like income tax, corporation tax, and other levies.
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