Economics · Public Finance
Vertical equity in taxation requires that:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1There should be no tax on the basis of individual income.
- 2People in different income groups should be taxed proportionately.
- 3People in different income groups should be taxed differently.✓
- 4People in different income groups should be taxed equally.
Correct answer
People in different income groups should be taxed differently.
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