Asked by ashlee clowers on May 09, 2024
Verified
According to the benefits principle, it is fair for people to pay taxes based on the benefits they receive from the government.
Benefits Principle
The idea that people should pay taxes based on the benefits they receive from government services
Taxes
Obligatory charges imposed by authorities on the earnings of employees and the profits of businesses, or applied to the price of various commodities, services, and financial activities.
- Analyze the foundational doctrines of taxation and their role in securing tax equity and the efficacy of tax systems.
Verified Answer
WN
Wan Nurelly NazjihaMay 12, 2024
Final Answer :
True
Explanation :
The benefits principle of taxation holds that it is fair for people to pay taxes in proportion to the benefits they receive from government services, suggesting that those who benefit more from public services should pay more in taxes.
Learning Objectives
- Analyze the foundational doctrines of taxation and their role in securing tax equity and the efficacy of tax systems.