Asked by
Xuanting Zhang
on Nov 05, 2024
Verified
Horizontal equity holds that those with greater ability to pay should pay less.
Horizontal Equity
The principle that individuals with similar income and ability should be treated equally by the taxation system, ensuring fairness.
- Understand the concepts of horizontal and vertical equity in taxation.
Verified Answer
ML
Learning Objectives
- Understand the concepts of horizontal and vertical equity in taxation.