Asked by OfficialAuzzi Clitnovici on Jul 21, 2024
Verified
Which of the following statements is most consistent with the benefits-received principle of taxation?
A) A childless couple should not be required to pay taxes for the support of public schools.
B) Prosperous corporations should pay substantial taxes even if they use few government goods and services.
C) The best tax is the income tax.
D) People with high incomes should pay more taxes than people with low incomes.
Benefits-received Principle
The concept that individuals or entities should pay taxes in proportion to the benefits they receive from government services.
Childless Couple
A partnership between two people who do not have and do not plan to have children.
Prosperous Corporations
Successful companies that have achieved significant growth, profitability, and financial health.
- Embark on comprehending the fundamental concepts and categories of tax regimes, such as regressive, progressive, proportional, and benefits-received taxes.
Verified Answer
Learning Objectives
- Embark on comprehending the fundamental concepts and categories of tax regimes, such as regressive, progressive, proportional, and benefits-received taxes.
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