Individuals are allowed to deduct a percentage of their ...

[Wadzanai]

Question 1

Horizontal equity holds that

◦ those with equal ability to pay should bear unequal tax burdens.
◦ those with equal ability to pay should bear equal tax burdens.
◦ those who benefit the most from government services should bear the higher tax burden.
◦ those who benefit the most from government services should have the greatest voice in determining what gets produced.

Question 2

Individuals are allowed to deduct a percentage of their expenditures for health care from their taxable income if these expenditures are above a certain amount. This reduces the amount that must be paid in taxes. Allowing for these deductions would improve ________ of the federal income tax.

◦ the horizontal equity
◦ the vertical equity
◦ both vertical and horizontal equity
◦ the progressivity

[Jevvish]

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[Wadzanai]

TYSM

[scikid]

Thanks for the timely response, appreciate it