Questions about the equity of a tax are concerned mostly with

Question

Quizplus · Accepted Answer

Questions about the equity of a tax are concerned with the fairness of the tax, ensuring that it is proportionate and just for all taxpayers. Efficiency (A) is concerned with minimizing the cost of collecting taxes, while tax revenue (B) is concerned with maximizing the amount of revenue collected. Deadweight loss (D) refers to the economic loss that results from a tax and elasticity (E) refers to how responsive demand or supply is to changes in price.

Questions About the Equity of a Tax Are Concerned Mostly