Which of the following is a tax based on the benefits-received principle?
A) A property tax, if the revenue is used to finance public education.
B) A tax on imports that is used to finance job retraining for workers who have lost their jobs because of the competition from imported products.
C) A progressive income tax that is used to finance national defense.
D) A tax added to the camping fee at national parks that is used to maintain and upgrade camping facilities at national parks.
Correct Answer:
Verified
Q209: Economic income is the sum of consumption
Q210: Vertical equity holds that
A) those with equal
Q211: A theory of taxation that states that
Q212: Wealth or net worth is equal to
A)
Q213: A distorting tax can improve economic welfare
Q215: During 2016, Sean's consumption equals $25,000 and
Q216: Horizontal equity holds that
A) those with equal
Q217: The progressive income tax is a tax
Q218: Your employer pays for the maintenance on
Q219: You own a house in Malibu, CA.
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