McGraw Hill’s Essentials of Federal Taxation 2022 Edition 13th Edition by Brian Spilker test bank
tax systems.
36.
Award: 1.00 point
37.
Award: 1.00 point
Horizontal equity is defined in terms of taxpayers in similar situations whereas vertical equity is
defined in terms of taxpayers in different situations.
True
False
References
True / False Difficulty: 1 Easy Learning Objective: 01-05 Apply
appropriate criteria to evaluate alternative
tax systems.
Regressive tax rate structures are typically considered to be vertically equitable.
True
False
References
True / False Difficulty: 2 Medium Learning Objective: 01-05 Apply
appropriate criteria to evaluate alternative
tax systems.
38.
Award: 1.00 point
39.
Award: 1.00 point
Estimated tax payments are one way the federal income tax system addresses the "certainty"
criterion in evaluating tax systems.
True
False
References
True / False Difficulty: 2 Medium Learning Objective: 01-05 Apply
appropriate criteria to evaluate alternative
tax systems.
One must consider the "economy" criterion in evaluating tax systems from both the taxpayer's and
the government's perspective.
True
False
References
True / False Difficulty: 2 Medium Learning Objective: 01-05 Apply
appropriate criteria to evaluate alternative
tax systems.