Horizontal Equity Means That

question 34

Multiple Choice

Horizontal equity means that

• A)taxpayers with the same amount of income pay the same amount of tax.
• B)taxpayers with larger amounts of income should pay more tax than taxpayer's with lower amounts of income.
• C)all taxpayers should pay the same tax.
• D)none of the above.

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Definitions:

Missing Value

An absent data point or entry in a dataset, which may occur for various reasons and can impact the analysis if not properly handled.

Decimal Places

The number of digits to the right of the decimal point in a number, indicating precision.

Rate

The specified measured quantity of a thing in relation to a unit of another thing, often used in the context of interest, speed, or efficiency.

Decimal Places

The positions of numbers to the right of the decimal point in a decimal number.