Question

In the United​ Kingdom, marginal income tax rates range from 20 percent to 45 percent.

In the United​ States, marginal income tax rates range from 10 percent to 37 percent.
Which country places a greater weight on the​ ability-to-pay principle?
Which country places a greater weight on​ efficiency?
Which country places a greater weight on​ fairness?

a) The United Kingdom places a​ ______ weight on the​ ability-to-pay principle and a​ ______ weight on efficiency than does the United States.

b) The United Kingdom places ____ the United States.

Answer 1

a) The United Kingdom places a greater weight on the ability-to-pay principle and a lesser weight on efficiency than does the United States.

b) The United Kingdom places greater weight on fairness than does the United States.