Question

The​ ability-to-pay principle​ _______. A. proposes that all taxes that create a deadweight loss should be...

The​ ability-to-pay principle​ _______.

A.

proposes that all taxes that create a deadweight loss should be eliminated

B.

is the proposition that people should pay taxes equal to the benefits they receive from public goods and services

C.

supports zero income taxes and higher consumption taxes

D.

involves comparing people along two​ dimensions: horizontally and vertically

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Answer #1

The ability-to-pay principle involves comparing people along two dimensions : horizontally and vertically. Ability-to-pay principle is the proposition that people should pay taxes according to how easily they can bear the burden. Hence, option(D) is correct.

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