The benefits principle of tax payments means individuals pay based on the:
A.benefits they gain from use of a good or service.
B.benefits gained by society as a whole.
C.benefits to government from having taxpayers.
D.ability to pay.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q243: Suppose price elasticity of demand is relatively
Q246: A politician says that a tax on
Q256: A tax system achieves efficiency when it
Q261: Scenario: The Market for Good X:
The market
Q263: When the imposition of an excise tax
Q265: Scenario: The Market for Good X:
The market
Q267: Deadweight losses arising from the presence of
Q269: Figure: A Market with a Tax
Q279: Use the following to answer questions:
Q295: Use the following to answer questions:
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents