Taxation According to the Ability-To-Pay Principle Is Best Illustrated in the United

question 117

Multiple Choice

Taxation according to the ability-to-pay principle is best illustrated in the United States by:

• A) sales taxes.
• B) personal income taxes.
• C) excise taxes.
• D) user fees.

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Definitions:

Late Nineteenth Century

The period from 1871 to 1900, characterized by rapid industrialization, technological advancement, and the emergence of imperialist ambitions among major powers.

United States

A country located in North America, consisting of 50 states, a federal district, five major self-governing territories, and various possessions, known for its large economy and diverse population.

Great Britain

An island in the North Atlantic Ocean that comprises England, Scotland, and Wales, and is the largest of the British Isles.

Warmer Relations

An improvement in the feelings and interactions between previously distant or hostile groups, countries, or individuals.