Multiple Choice
The ability to pay principle suggests that
A) tax exemptions should be removed because they are more frequently used by people with the ability to pay more taxes.
B) people with different levels of income should be treated in the same manner
C) individuals receiving the benefits should be those who pay for them.
D) people who can pay more taxes should pay more than people who are unable to pay high taxes.
E) tax exemptions should be increased because they encourage investment and savings
Correct Answer:

Verified
Correct Answer:
Verified
Q40: The administrative burden of taxation refers to
Q41: The U.S. public debt is owed to:<br>A)Congress.<br>B)the
Q42: A decrease in government purchases, other things
Q43: Which of the following is true of
Q44: Why doesn't the U.S. government print money
Q46: Supply-side economics stresses that a tax cut
Q46: Does the benefits received principle work well
Q49: Expansionary fiscal policy will result in _
Q50: The issuance of debt involves some intergenerational
Q64: Many economists believe that tax cuts increase