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What does the principle of horizontal equity state?

A) Taxpayers with a greater ability to pay taxes should pay larger amounts.

B) Taxpayers with a lesser ability to pay taxes should pay larger amounts.

C) Taxpayers with a similar ability to pay taxes should pay the same amount.

D) People should pay taxes based on the benefits they receive from government services.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91669472

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