18. The ability-to-pay principle of taxation suggests that if a tax system is to be vertically equitable,
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18. The ability-to-pay principle of taxation suggests that if a tax system is to be vertically equitable, it should be
a. regressive.
b. proportional.
c. progressive.
d. efficient.
e. lump-sum.
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Study Guide For N. Gregory Mankiw's Principles Of Microeconomics
ISBN: 9783030019983
5th Edition
Authors: David R. Hakes
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