The principle of equity as it relates to taxation refers to the distribution of the tax burden in accordance with ability to pay.

Name: The principle of equity as it relates to taxation refers to the distribution of the tax burden in accordance with ability to pay.
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The principle of equity in taxation states that those who have more income should pay more in taxes, which means that the tax burden should be distributed in accordance with ability to pay.

The Principle of Equity as It Relates to Taxation Refers