Tag: Vertical Equity

Abstract The concepts of Horizontal Equity and Vertical Equity were coined by the economist Richard A. Musgrave in the 1950s. Given a tax base, such as income or consumption, Horizontal Equity (HE) requires that people in equal positions should be treated equally, whereas Vertical Equity (VE) considers how differently should people in different positions be treated. … Continue reading A Genealogy of the Principle of Horizontal Equity