Multiple Choice
The ability-to-pay principle regarding taxes suggests that:
A) the efficiency of a tax is the key feature in designing it.
B) those who can afford it should bear the greater burden of the tax.
C) those who benefit most from the tax should bear the greater burden of the tax.
D) higher-income individuals should pay the same amount as lower-income individuals.
Correct Answer:
Verified
Correct Answer:
Verified
Q119: The burden of a tax on a
Q120: A higher tax rate is more likely
Q121: As part of an anti-obesity program,the government
Q122: The benefits principle says that:<br>A)the amount of
Q123: Because of tax competition,state and local taxes
Q125: Suppose Governor Meridias initiates a payroll tax
Q126: Taxes on the purchase of specific items
Q127: Taxation according to the benefits-received principle is
Q128: Use the following to answer question: <img
Q129: A tax of $10 on an income