The Two Principles of Tax Fairness Are

question 245

Multiple Choice

The two principles of tax fairness are:

• A)the minimize-distortions principle and the maximize-revenue principle.
• B)the benefits principle and the ability-to-pay principle.
• C)the proportional-tax principle and the ability-to-pay principle.
• D)the equity principle and the efficiency principle.

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Definitions:

Norms

Norms are shared expectations and rules that guide behavior of people within social groups, organizations, or cultures.

Productivity

The measurement of efficiency in which goods and services are produced, often evaluated in terms of output per unit of input.

Team-building

Activities and initiatives designed to enhance cohesion, cooperation, and performance of a team.

Data Analysis

The process of examining datasets to draw conclusions about the information they contain, often involving the application of statistical methods and computer software.