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