According to the benefits principle, it is fair for people to pay taxes based on their ability to shoulder the tax burden.
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Q53: Lump-sum taxes are equitable but not efficient.
Q54: A lump-sum tax minimizes deadweight loss.
Q55: According to the ability-to-pay principle, it is
Q56: If Christopher earns $80,000 in taxable income
Q57: A lump-sum tax would take different amounts
Q59: Antipoverty programs funded by taxes on the
Q60: If Mary earns $80,000 in taxable income
Q61: If the rich pay more in taxes
Q62: A lump sum tax can never have
Q63: Karole's income rises from $50,000 to $75,000
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