The federal income tax is consistent with the principle of taxation, whereas an excise tax on sporting event tickets is consistent with the principle of taxation.

Question

Quizplus · Accepted Answer

The federal income tax is consistent with the ability-to-pay principle of taxation, which means that the tax burden should be based on a taxpayer's ability to pay, as measured by their income, wealth, or other relevant factors. An excise tax on sporting event tickets is consistent with the benefits-received principle of taxation, which means that those who benefit from a particular government service or activity should pay for it. Therefore, choice C - ability-to-pay; benefits-received - is the best answer.

The Federal Income Tax Is Consistent with the Principle of Taxation