Vertical equity incorporates the notion that
A) those earning higher incomes should pay more in taxes.
B) those earning equal incomes should pay the same in taxes.
C) taxes paid should be unassociated with income levels.
D) there should be no excess burden created by a tax.

Question

Quizplus · Accepted Answer

Vertical equity implies that those with higher incomes should pay higher taxes in order to maintain a fair and just system. This means that those with higher incomes should contribute more towards the common good than those with lower incomes.

Vertical Equity Incorporates the Notion That