'A $1000 tax paid by a poor person may be a larger sacrifice than a $10 000 tax paid by a wealthy person'.This is an argument based on:

Question

Quizplus · Accepted Answer

The argument is based on the ability-to-pay principle, which states that those who have a higher ability to pay should bear a higher tax burden. This principle takes into account the relative impact that a tax has on individuals based on their income level. Therefore, the $1000 tax paid by a poor person may be a larger sacrifice for them than the $10,000 tax paid by a wealthy person, and reflects the ability-to-pay principle.

'A $1000 Tax Paid by a Poor Person May Be