Please I need your help in the following questions: Question 8 Vertical equity in the tax system
Question:
Please I need your help in the following questions:
Question 8
Vertical equity in the tax system likely requires what kind of taxation?
a- Regressive
b- Minimal
c- Progressive
d- Proportional
Question 9
Tax breaks that do not change the behavior of individuals is known as the ____________, while changes in behavior of individuals due to the policy change is known as the ____________.
a- spending crowd-out, tax subsidy crowd-in
b- tax subsidy crowd-in, spending crowd-out
c- marginal impacts, inframarginal impacts
d- inframarginal impacts, marginal impacts
Question 10
Which consideration is the justification for deducting the cost of business lunches as a deviation from the Haig-Simons comprehensive income definition?
a- cost of earning income considerations
b- imperfect information considerations
c- externality considerations
d- ability-to-pay considerations