Chapter 12

total taxes paid divided by total income

the extra taxes paid on an additional dollar of income

a tax that is the same amount for every person

the idea that people should pay taxes according to the benefits they receive from government spending

the idea that taxes should be levied on a person according to how well that person can shoulder the burden

the idea that taxpayers with a greater ability to pay taxes should pay larger amounts

the idea that taxpayers with similar abilities to pay taxes should pay the same amount

a tax for which high-income and low-income taxpayers pay the same fraction of income

a tax for which high-income taxpayers pay a smaller fraction of their income than do low-income taxpayers

a tax for which high-income taxpayers pay a larger fraction of their income than do low-income taxpayers