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Eduncle posted an MCQ
October 19, 2019 • 21:08 pm 0 points
  • UGC NET
  • Economics

The ability?to?pay principle of taxation is logically most consistent with the normative notion of :

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    Eduncle Best Answer

    The ability–to–pay principle of taxation is logically most consistent with the normative notion of vertical equity. Vertical equity implies that people in different economic circumstances should pay different amounts. Vertical Equity principle states that people with a different ability to pay taxes should pay a different amount of taxes. 

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