Asked by Quentin Washington on May 07, 2024
Verified
Horizontal equity can be difficult to assess because it is difficult to compare the similarity of tax payers.
Horizontal Equity
The principle that individuals in similar financial conditions should be treated equally by the taxation system.
- Master the essential concepts of equitable taxation, including the differences between horizontal and vertical equity.
Verified Answer
ZK
Zybrea KnightMay 08, 2024
Final Answer :
True
Explanation :
Horizontal equity, the principle that individuals with similar financial situations should be taxed similarly, can be challenging to assess due to difficulties in accurately comparing the financial situations and tax burdens of different taxpayers.
Learning Objectives
- Master the essential concepts of equitable taxation, including the differences between horizontal and vertical equity.