The Fiscal Equalization Grants-Power Equalization and Guaranteed Tax Yield/Base have an identical philosophical base.

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Both Fiscal Equalization Grants-Power Equalization and Guaranteed Tax Yield/Base are designed to distribute financial resources equitably among different regions or local jurisdictions, based on their respective capacities to raise revenue. The underlying philosophy behind this approach is to ensure that all areas have access to a basic level of public services, regardless of their economic or social circumstances.

The Fiscal Equalization Grants-Power Equalization and Guaranteed Tax Yield/Base Have