If a Tax System Is Designed So That Individuals with Similar

question 240

True/False

If a tax system is designed so that individuals with similar incomes pay similar taxes,the system achieves vertical equity.

---

Definitions:

Progesterone

A substance secreted by the ovaries, placenta, and adrenal glands, responsible for controlling the menstrual cycle and maintaining pregnancy.

Extraembryonic Membrane

A set of tissues outside the embryo that provide support and nourishment in the early stages of development.

Shock Absorber

A mechanical device designed to smooth out or dampen shock impulse, and absorb kinetic energy.

Dizygotic Twins

Twins that arise from the separate fertilization of two eggs; commonly known as fraternal twins. Compare with monozygotic twins.