Economics A Level: What is Horizontal and Vertical Equity

Question

What is Horizontal and Vertical Equity

go kys · Accepted Answer

-HORIZONTOL is that People who have Similar Incomes and Ability to pay Tax pays the Same Amount of Tax
-VERTICAL is that People with Higher Incomes and More Ability to pay tax should pay More than those on Lower Incomes and less of an Ability to Pay Tax

Economics A Level

What is Horizontal and Vertical Equity

-HORIZONTOL is that People who have Similar Incomes and Ability to pay Tax pays the Same Amount of Tax -VERTICAL is that People with Higher Incomes and More Ability to pay tax should pay More than those on Lower Incomes and less of an Ability to Pay Tax

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