If a tax is efficient,it will necessarily be equitable.

Name: If a tax is efficient,it will necessarily be equitable.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Efficiency and equity are not the same thing when it comes to taxation. An efficient tax system may reduce inefficiency and improve economic growth, but it may not necessarily distribute the burden of taxation fairly across different income groups. Thus, an efficient tax system may not always be equitable.

If a Tax Is Efficient,it Will Necessarily Be Equitable