Many people consider lump-sum taxes to be unfair to low-income taxpayers.

Lump-Sum Taxes

Taxes that are a fixed amount, regardless of the taxed person's income, wealth, or other attributes that could affect their ability to pay.

Low-Income Taxpayers

Individuals with earnings below a certain threshold, often eligible for certain tax benefits or lower tax rates.

Attain awareness of the advantages and specifics of different fiscal regimes, including taxes on consumption and fixed-sum taxes.
Study the underlying principles of taxation and their deployment in fostering fairness and efficiency in tax administration.

Verified Answer

Briceyda AguileraNov 17, 2024

Final Answer:

Learning Objectives

Attain awareness of the advantages and specifics of different fiscal regimes, including taxes on consumption and fixed-sum taxes.
Study the underlying principles of taxation and their deployment in fostering fairness and efficiency in tax administration.