Which of the following is an example of horizontal equity?
A) A wealthy individual should pay more taxes than a lower-income individual
B) A wealthy individual should have a greater average tax rate than a middle-income individual
C) Two persons with identical incomes should pay the same taxes
D) A local government decides to impose taxes based on the benefits principle
Correct Answer:
Verified
Q83: Suppose New York City passes a local
Q88: Some colleges charge all students the same
Q93: Suppose an excise tax is imposed on
Q174: Table 12-23
The dollar amounts in the last
Q176: Which of the following is not a
Q177: In 2009, the lowest quintile of income
Q178: Who pays a corporate income tax?
A)owners of
Q180: Table 12-23
The dollar amounts in the last
Q204: The concept that people should pay taxes
Q225: When the government levies a tax on
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents