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• The concept that people in different income groups should pay different rates of taxes or different percentages of their incomes as taxes. "Unequals should be taxed unequally."

  Internal Revenue Service - Cite This Source - This Definition
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  Cite Definition for vertical equity

  American Psychological Association (APA)

  vertical equity. (n.d.). Understanding Taxes Student Glossary. Retrieved April 1, 2023, from website: http://www.expertglossary.com/definition/vertical-equity.

  Chicago Manual of Style (CMS)

  vertical equity. apps.irs.gov. Understanding Taxes Student Glossary. Internal Revenue Service. http://www.expertglossary.com/definition/vertical-equity (accessed: April 1, 2023).

  Modern Language Association (MLA)

  "vertical equity." Understanding Taxes Student Glossary. Internal Revenue Service. 1 April. 2023 http://www.expertglossary.com/definition/vertical-equity.

• Browse Related Terms: ability to pay, benefits received, Earned Income Credit (EIC), financial records, Gross Income, horizontal equity, underground economy, vertical equity