According to Vertical Equity,what Should Taxpayers with a Greater Ability

question 178

Multiple Choice

According to vertical equity,what should taxpayers with a greater ability to pay taxes do

• A)They should contribute a decreasing proportion of each increment in income to taxes.
• B)They should contribute a larger amount.
• C)They should be less subject to administrative burdens of a tax.
• D)They should be less subject to tax distortions that lead to deadweight losses.

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Definitions:

Gender

The range of characteristics pertaining to, and differentiating between, masculinity and femininity, which can include biological, social, and cultural aspects.

Asthma Sufferers

Individuals who experience asthma, a respiratory condition marked by spasms in the bronchi of the lungs, causing difficulty in breathing.

Raising Taxes

The act of increasing the amount of money the government collects from individuals or businesses.

NDP

An abbreviation for the New Democratic Party, a social democratic political party in Canada.