Two commonly-recognized measures of the fairness of an income tax structure are horizontal equity and vertical equity.

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Two commonly-recognized measures of the fairness of an income tax structure are “horizontal equity” and “vertical equity.”
a. Discuss what is meant by horizontal equity and vertical equity as it pertains to the income tax.

b. Why is it so difficult to design a “fair” tax structure?

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Federal Taxation 2018 Comprehensive

ISBN: 9780134532387

31st Edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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Question Posted: Mar 19, 2018 04:43 AM

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Two commonly-recognized measures of the fairness of an income tax structure are horizontal equity and vertical equity.

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a Horizontal equity refers to the concept that similarly situated t...View the full answer

Federal Taxation 2018 Comprehensive

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