Horizontal equity is an economic theory that states that individuals with similar income and assets should pay the same amount in taxes. Horizontal equity should apply to individuals considered ...

The driving principle behind vertical equity is that those who have the ability to pay more taxes should contribute more than those who are not. This can be contrasted with horizontal equity ...

A house on the market in San Diego. Proposition 13 resulted in a “horizontal equity” issue, in which two comparable homes sitting next to each other can pay hugely different taxes because of ...

Tax benefits for expenses incurred in providing childcare promotes horizontal equity between taxpayers who pay for care and taxpayers who provide the care themselves, generally by a stay-at-home ...

“Horizontal equity” holds that equally situated taxpayers should pay the same tax. Fair enough, but what does it mean to be “equally situated?” How can we compare the income of a family ...

The bill introduces the concept of “horizontal equity” and defines this as meaning “people with similar levels of income should pay similar amounts of tax”. But a more accurate way to ...

The first proposition is about horizontal equity (similar treatment of similarly placed people). The second relates to vertical equity (different treatment of differently placed people).