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Characteristics of a good tax are equality, simplicity, certainty, and efficiency. These are the only characteristics of a good tax.

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Which one of the following situations demonstrates the “equity” characteristic of a good tax?

Policy-makers lower the tax rate for individuals earning income below the poverty threshold.


What situations demonstrates the equity characteristic of a good tax?

The equity characteristic of a good tax is demonstrated when individuals with greater ability to pay contribute more, aligning tax burdens with their financial capacity. For example, a progressive income tax system, where higher income earners pay a larger percentage of their income in taxes, exemplifies vertical equity. Additionally, horizontal equity is illustrated when individuals with similar financial situations pay similar amounts in taxes, ensuring fairness across different taxpayers. These principles help create a more just tax system that addresses income disparities.


Is determination a characteristic?

yes. it is a good characteristic


Which was a characteristic of a period known as pax Romania?

A characteristic of the Pax Romana was prosperity. This was due, in part, to good governmental leadership.A characteristic of the Pax Romana was prosperity. This was due, in part, to good governmental leadership.A characteristic of the Pax Romana was prosperity. This was due, in part, to good governmental leadership.A characteristic of the Pax Romana was prosperity. This was due, in part, to good governmental leadership.A characteristic of the Pax Romana was prosperity. This was due, in part, to good governmental leadership.A characteristic of the Pax Romana was prosperity. This was due, in part, to good governmental leadership.A characteristic of the Pax Romana was prosperity. This was due, in part, to good governmental leadership.A characteristic of the Pax Romana was prosperity. This was due, in part, to good governmental leadership.A characteristic of the Pax Romana was prosperity. This was due, in part, to good governmental leadership.


What is a good tax software that will give good return?

Turbo Tax is one good tax software that will help people get a good return.


What is a key tax characteristic associated with state and local securities?

State and local issues are referred to as municipal securities or tax-exempt offerings.


What is a key tax characteristic associated with state and local (municipal) securities?

State and local issues are referred to as municipal securities or tax-exempt offerings.


Is marked and tax an adjective?

Yes, "marked" and "tax" can both function as adjectives. "Marked" can describe something that has a noticeable feature or characteristic, while "tax" can describe something related to taxation or the payment of taxes.


What is an important characteristic of good money?

An important characteristic of good money is scarcity. This means that it is not readily available which will increase its value as well.


What is a tax on production or sale of good called?

excise tax


What is a tax on the manufacturer is sale of a good?

Excise Tax


Is a tax on a production or sale of good?

Excise tax