Determine the principle of equitythe principle of equity is, Ask an Expert

Economics

Determine the principle of equity

The principle of equity is that a tax must be fair and the tax is levied on those with the ability to pay tax.

The principle of efficiency is that tax must be easy to collect and that government must not have to spend a disproportionate amount of money enforcing the collection of tax.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9575141

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