The principle of vertical equity is satisfied when _____
a. individuals with a greater ability to pay have higher taxes than individuals with a lower ability to pay
b. individuals receiving higher benefits from a government program pay higher taxes than those receiving lower benefits
c. taxes increase as family size increases
d. taxes on higher income individuals are more efficient than the taxes on lower income individuals
a
Economics
You might also like to view...
"If the marginal tax rate is high enough, the expenditure multiplier can be negative." Is the previous statement correct or incorrect?
What will be an ideal response?
Economics
When long-run average cost increases as output increases there are
A) economies of scale. B) diseconomies of scale. C) constant returns to scale. D) none of the above.
Economics