Which of the Following Statements About Vertical Equity Is False

question 62

Multiple Choice

Which of the following statements about vertical equity is false?

• A)Vertical equity focuses on a fair rate structure instead of a fair measurement of the tax base.
• B)If persons with greater ability to pay owe more tax than persons with lesser ability to pay,the tax is vertically equitable.
• C)A tax with a single percentage rate is not vertically equitable.
• D)None of the above is false.

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Definitions:

Soluble

The property of a substance to dissolve in a solvent, forming a homogeneous solution at a given temperature and pressure.

AgCl

Silver chloride, a white crystalline chemical compound that is used in photographic processes and as an antiseptic.

Insoluble

A characteristic of a substance that cannot dissolve effectively in a particular solvent.

Silver Acetate

A chemical compound with the formula AgC2H3O2, used in plating and as a photographic agent.