The concept that those people who receive more from a certain government service should pay more in taxes to support it is known as the ________ principle.
A) benefit
B) ethical
C) ability-to-pay
D) confiscatory tax
E) tax reform
Correct Answer:
Verified
Q34: If external economies exist in the production
Q35: If the socially optimal level of output
Q36: An external economy occurs when
A) library facilities
Q37: A significant source of revenue for the
Q38: A basic characteristic of an equitable tax
Q40: Two general principles of taxation are the
Q41: If the quantity demanded is relatively sensitive
Q42: The major source of revenue for state
Q43: A sales or excise tax
A) is often
Q44: Tax incidence refers to
A) whether the sales
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