Vertical equity incorporates the notion that
A)taxes paid should be unassociated with income levels.
B)those earning equal incomes should pay the same in taxes.
C)there should be no excess burden created by a tax.
D)those earning higher incomes should pay more in taxes.

Question

Quizplus · Accepted Answer

Vertical equity is the principle that those with higher incomes should pay more in taxes, reflecting their greater ability to contribute to public finances.

Vertical Equity Incorporates the Notion That