Which of the following best describes horizontal equity?
A)All taxpayers should pay some taxes on their incomes
B)As income increases, taxes should increase
C)Persons with equal incomes should pay the same amount of taxes
D)A person with capital gains should pay less tax than a person with the same amount of salary income

Question

Quizplus · Accepted Answer

Horizontal equity in taxation means that individuals with the same income level should be taxed at the same rate, ensuring fairness among taxpayers with similar financial situations.

Which of the Following Best Describes Horizontal Equity