Horizontal Equity Means That Two People in Identical Economic Situations

question 111

True/False

Horizontal equity means that two people in identical economic situations should pay the same amount of taxes.

---

Definitions:

Subsidence

The gradual settling or sinking of the Earth's surface with little or no horizontal motion, often due to natural underground processes.

Fold and Thrust Belt

A series of mountainous folds and thrust faults that are typically formed at convergent plate boundaries.

Snake River Plain

A geographical feature in the U.S. state of Idaho, characterized by a vast area of flatland through which the Snake River flows.

Hot Spot

An area of volcanic activity believed to be fueled by a section of the mantle beneath it that is significantly hotter than the mantle surrounding it.