HONGKONGDIR

HOMECompaniesDictionaryFAQs

Home » Dictionary » Taxes » vertical equity

Vertical Equity

Definition
Concept that revolves around the idea that people that earn more money should pay a higher percentage of taxes to the local and federal government. The application of the concept of vertical equity depends on whether taxes are judged based on proportional or progressive taxation.

Nearby Terms
Similar companies
Copyright © 2013 hongkongdir.com All Rights Reserved.
Provides public information about companies in the Hong Kong.