According to the Horizontal-Equity Principle of Taxation

question 238

Multiple Choice

According to the horizontal-equity principle of taxation,

• A)individuals who receive the benefits of a good or service should bear a greater share of the tax burden.
• B)individuals who are most able to pay should bear a greater share of the tax burden.
• C)people in the same economic situation should be treated equally.
• D)individuals who are willing to bear a greater share of the tax burden should be compensated with non-monetary benefits.

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Definitions:

Perpetuate

To make something continue indefinitely; to cause to last or to be remembered or celebrated for a long time.

Diffusion

The process by which an innovation is communicated through certain channels over time among the members of a social system.

Cultural Change

The modification of a society's cultural patterns, including norms, values, behaviors, and expressions.

Innovation

the introduction of new ideas, products, services, or processes that improve upon the existing state of art or knowledge.