Examlex

Solved

Vertical Equity States That Taxpayers with Similar Abilities to Pay

question 66

True/False

Vertical equity states that taxpayers with similar abilities to pay should contribute the same amount, while horizontal equity states that taxpayers with a great ability to pay taxes should contribute a larger amount.


Definitions:

Chloroplasts

Organelles found in the cells of plants and other photosynthetic organisms, sites where photosynthesis takes place.

Carbon-14 Dating

A method for determining the age of an object containing organic material by measuring the levels of carbon-14, a radioactive isotope.

Neanderthals

An extinct species or subspecies of archaic humans who lived in Eurasia until about 40,000 years ago, closely related to modern humans.

Coexisted

Refers to the occurrence of two or more species, populations, or entities living together in the same environment at the same period in time.

Related Questions