Multiple Choice
"Taxpayers who earn $100,000 in dividends should pay the same amount of tax as taxpayers who earn $100,000 in capital gains." This statement reflects which of the following qualitative characteristics of an effective tax system?
A) Vertical equity.
B) Neutrality.
C) Elasticity.
D) Horizontal equity.
Correct Answer:
Verified
Correct Answer:
Verified
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