School of Economics | Horizontal and Vertical Equity Definition
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28 Sep

Posted at 02:05h in SOE by
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Tejvan Pettinger An explanation of the difference between horizontal and vertical equity. Horizontal equity implies that we give the same treatment to people in an identical situation. E.g. if two people earn £15,000 they should both pay the same amount of income tax (e.g. £2,500). Horizontal equity makes...