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Principles of tax equity

The mayor of Denver wants to upgrade the public transportation system. In order to fund the improvements, the mayor proposes charging an extra $1 for each ride taken.

What principle does this tax policy follow?

A) The ability-to-pay principle

B) The benefits principle

C) Both the ability-to-pay principle and the benefits principle

D) Neither the ability-to-pay principle nor the benefits principle

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91366850

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