For a tax system to achieve equity,it must first achieve efficiency.

Name: For a tax system to achieve equity,it must first achieve efficiency.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Equity and efficiency are two separate goals of a tax system. A system can be equitable without being efficient, and vice versa. Equity focuses on the fairness of the tax burden distribution, while efficiency concerns minimizing economic distortions.

For a Tax System to Achieve Equity,it Must First Achieve