Economics A Level: What is Horizontal Equity and Vertical Equity

Question

What is Horizontal Equity and Vertical Equity

go kys · Accepted Answer

-Horizontal is where People with the Same Circumstances are treated Fairly (The Same) (Same Level of Income are Taxed the Same Amount)
-Vertical is where People with Different Circumstances are treated Fairly but Differently (Different Levels of Income are taxed Different Amounts)

Economics A Level

What is Horizontal Equity and Vertical Equity

-Horizontal is where People with the Same Circumstances are treated Fairly (The Same) (Same Level of Income are Taxed the Same Amount) -Vertical is where People with Different Circumstances are treated Fairly but Differently (Different Levels of Income are taxed Different Amounts)

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