Q. A tax is characterized by horizontal equity if its liability is

  • (A) Proportional to the income of tax payers
  • (B) The same for every tax payer
  • (C) Similar for tax payers in similar circumstances
  • (D) Proportional to the expenditure of tax payers
✅ Correct Answer: (A) Proportional to the income of tax payers

Published by Dhruva ⭐ 4.38K Points at 03-Aug-2021 07:56 am in Economic

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