The Principle That Those Benefiting More from the Activity Funded

question 43

Multiple Choice

The principle that those benefiting more from the activity funded by the tax pay more taxes is known as:

• A)The ability-to-pay principle
• B)The progressive tax principle
• C)The proportional tax principle
• D)The regressive tax principle
• E)The benefits-received principle.

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Definitions:

Union

An organized association of workers formed to protect and further their rights and interests; or, in mathematics, the set containing all the distinct elements of some given sets.

Dependent Events

Events where the outcome or occurrence of the first affects the outcome or occurrence of the second.

Independent Events

Two or more events where the occurrence of one event does not affect the probability of the other(s).

Mutually Exclusive

Two events that cannot occur at the same time, meaning the occurrence of one event prevents the occurrence of the other.