A Tax System Based on the Ability-To-Pay Principle Claims That

question 2

Multiple Choice

A tax system based on the ability-to-pay principle claims that all citizens should

• A)pay taxes based on the benefits they receive from government services.
• B)pay the same amount in taxes.
• C)pay taxes based on consumption rather than income.
• D)make an equal sacrifice.

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Definitions:

Fair Trade

An organized movement that aims to help producers in developing countries achieve better trading conditions and promote sustainability.

World War II

A global conflict that lasted from 1939 to 1945, involving most of the world's nations and marked by significant events and battles across continents.

Japanese Industrialists

Business leaders and entrepreneurs in Japan who have significantly contributed to the development and growth of the country's industrial sector.

Economies Of Scale

Reductions in average total cost as output rises.