Suppose a Canadian Member of Parliament suggests that people with the ability to pay higher taxes should do so. This refers to the concept of

Question

Quizplus · Accepted Answer

The statement by the Canadian Member of Parliament suggests that those who are more well-off financially should bear a greater burden of taxation. This is in line with the principle of vertical equity, which states that individuals with higher incomes should pay a larger share of their income in taxes than those with lower incomes.

Suppose a Canadian Member of Parliament Suggests That People with the Ability