Examlex
Software that manages the resources of the computer is called
Horizontal Equity
Horizontal equity is a principle in taxation that dictates that individuals with similar income and assets should pay the same amount in taxes.
Vertical Equity
A principle in taxation that individuals with a higher ability to pay should contribute more taxes.
Progressivity
Refers to a tax system in which the tax rate increases as the taxable amount increases.
Irving Fisher
An American economist known for his work in the field of economics, including the theory of interest and the equation of exchange.
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