ECON 2N03 Study Guide - Midterm Guide: Sales Tax, Empowered, Public Health
29 Oct 2018
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Document Summary
Direct taxation within the provinces (e. g. sales tax) Fairness the state, condition, or quality of being fair or free from bias or injustice. Horizontal fairness (people who are alike should be treated the same) Vertical fairness (people who are different should be treated differently) Ethics the basic concepts and fundamental principles of decent human conduct. Equity fairness and impartially towards all concerned, based on the principles of evenhanded dealing implies giving as much advantage, consideration, or latitude to one party as is given to another. Justice fairness in protection of rights and punishment of wrongs. The idea that individuals and orgs should be evaluated relative to the values and morality of the society in which they reside, not some absolute standard. Ethical truths depend on variables such as the situation, culture, ones feeling. It holds us back from criticizing unacceptable behaviours. It infers there can be no ethical or moral basis for policy reform.
